this post was submitted on 31 Jan 2024
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94
PayPal to Cut Around2,500 Jobs as Rivals Snag MarketShare (www.bloomberg.com)
submitted 9 months ago by [email protected] to c/[email protected]
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PayPal to Cut Around2,500 Jobs as Rivals Snag MarketShare::PayPal Holdings Inc. will reduce its workforce by about 9% as Chief Executive Officer Alex Chriss, who took over in September, grapples with rising competition, profit pressures and a raft of analyst downgrades.

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[–] [email protected] 2 points 9 months ago

Maybe Shop Pay? I didn't read the article, just guessing.