FinanceIE

PayPal Layoffs

May 2026

PayPal announced a layoff affecting 4,760 employees (20% of its workforce) in May 2026. The company operates in the Finance sector.

People Affected

4,760

Percentage

20%

Announced Date

May 5, 2026

About

PayPal laid off 4,760 employees representing approximately 20% of its workforce on 2026-05-05. The company is at the Post-IPO funding stage and operates in the Finance sector.

Source

View Sourcewww.wsj.com

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