PayPal to Cut Around 2,500 Jobs as Rivals Snag Market Share
www.bloomberg.com
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.

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.

  • Landless2029@lemmy.worldEnglish
    2·
    9 months ago

    Yeah I forgot about Zelle. I used to wire transfer with my family and everyone immediately switched to Zelle when it was integrated.