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Payments firm PayPal to reduce global workforce by 9% in 2024

By Inquirer - 10 months ago
Payments firm PayPal Holdings is planning to cut about 2,500 jobs, or 9 percent of its global workforce, this year, a letter from CEO Alex Chriss, seen by Reuters, showed on Tuesday. In the letter to staff, newly appointed CEO Chriss said the decision was made to “right-size” the company through both direct cuts and

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