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PayPal begins more layoffs

PayPal has begun company-wide layoffs, according to multiple reports, including an article published by The Information. It is not yet clear at the time of writing how many people will be affected by the job cuts but one source told TechCrunch it was expected to be in the “thousands.” TechCrunch has reached out to PayPal and will update this story if and when it responds. ....

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PayPal is laying off 2,500 employees

The cuts will allow PayPal to “move with the speed needed to deliver for our customers and drive profitable growth,” CEO Alex Chriss said in the letter sent to employees. ....

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PayPal to Cut Another 2,500 Jobs in Bid to 'Right-Size'

“We are doing this to right-size our business, allowing us to move with the speed needed to deliver for our customers and drive profitable growth,” CEO Alex. ....

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Payments Firm PayPal To Cut Around 2,500 Jobs: Report

Payments firm PayPal Holdings is planning to cut about 2,500 jobs, or 9% of its global workforce, this year, a letter from CEO Alex Chriss, seen by Reuters, showed on Tuesday. ....

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PayPal (NASDAQ:PYPL) Given New $95.00 Price Target at Monness Crespi & Hardt

PayPal (NASDAQ:PYPL – Get Free Report) had its target price cut by stock analysts at Monness Crespi & Hardt from $100.00 to $95.00 in a note issued to investors on Monday, Briefing.com reports. The brokerage currently has a “buy” rating on the credit services provider’s stock. Monness Crespi & Hardt’s target price indicates a potential […] ....

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