PayPal Holdings

PayPal Holdings to lay off its 7% workforce to cut costs

Paypal Holdings Inc announced that it is preparing to lay off 7% of its workforce. The payments company’s stock increased by around 2.4% in afternoon trading. PayPal lowered its annual revenue growth projection in November. The latest in a line of fintech companies to be impacted by the economic slowdown, PayPal Holdings Inc announced on Tuesday that it is preparing to

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