PayPal: are people looking to leave?
Are coworkers staying put or quietly interviewing? If you’ve moved on, where did you land, and was it worth it?
Companies
PayPal
Payments and fintechSan Jose, CaliforniaPYPLAbout 23,800 employees
WorkHush has 3 source-backed updates on PayPal workforce changes since May 2026. The latest, added September 1, 2026: Jobs cut across operations, including about 220 in India (confirmed reduction). The next layoff date on record is October 30, 2026. Read it with sources ›
What the sources say
All 3 source-backed updates ›Jobs cut across operations, including about 220 in India
Confirmed reduction · Confirmed September 1, 2026
Sources: Payments Dive, The South First
More about PayPal
Digital payments company offering online checkout, Venmo peer-to-peer payments and merchant payment processing
Revenue
$33.2B
Fiscal 2025, up about 4%
Employees
About 23,800
As of December 2025
Stock
PYPL
Nasdaq
Headquarters
San Jose, California
CEO
Enrique Lores
Since March 2026
BrandsPayPal, Venmo, Braintree, Xoom
Current strategyMultiyear restructuring under a new CEO to cut costs, invest in AI and spend $400M improving its branded checkout
Recent workforce changesPlan reported in May 2026 to cut about 20% of staff (more than 4,500 jobs) over two to three years; 251 San Jose roles cut in September 2026
CompetitorsBlock, Stripe, Apple Pay
Checked October 11, 2026 · Sources: sec.gov, sec.gov (2), staradvertiser.com, shopifreaks.com
Discussions
1 discussion in Career advice · Opinion / question
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