Layoffs at PayPal anticipated to effect 2,000 employees

Revelations 18:23:’For the merchants were the great men of the earth; for by thy sorceries were all nations deceived.’

Important Takeaways:

  • Woke PayPal to Lay Off 2,000 Employees
  • Engadget reports that the leading online payment provider, PayPal, recently announced that it will lay off about 2,000 employees, or approximately seven percent of its workforce.
  • The layoffs are anticipated to take place over the coming weeks and will have varying effects on different segments of the business. The company says the layoffs are in response to a difficult macroeconomic environment that has prompted similar responses from other technology giants like Google and Microsoft.

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