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 ›
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
PayPal · Confirmed reductionJobs cut across operations, including about 220 in IndiaConfirmed September 1, 2026 · Sources: Payments Dive, The South FirstPayPal · WARN notice251 jobs in WARN notice at San Jose headquartersWARN notice dated August 31, 2026; effective October 30, 2026 · Sources: California EDD WARN report, Los Angeles Times (via Honolulu Star-Advertiser)PayPal · Reported planAbout 20% of workforce, over 4,500 jobs, to be cut over 2-3 yearsReported May 5, 2026 · Sources: Bloomberg (via MarketScreener), Los Angeles Times (via Honolulu Star-Advertiser), Payments Dive
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