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HomeStartup LayoffsJanuary 2024 › PayPal

PayPal lays off 2,500 employees — January 30, 2024

PayPal, a finance company based in United States, laid off 2,500 employees on January 30, 2024. At the time, the company was at the Post-IPO stage. The layoff was reported by this source.

Company
PayPal
Employees laid off
2,500
Date
January 30, 2024
Industry
Finance
Country
United States
Company stage
Post-IPO
Total raised (pre-layoff)
$216M

Source: https://www.bloomberg.com/news/articles/2024-01-30/paypal-to-cut-around-2-500-jobs-as-rivals-snag-market-share

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See all layoffs from January 2024 or the full startup layoffs tracker.