---
title: "PayPal begins more layoffs"
url: https://daily.dev/posts/paypal-begins-more-layoffs-oyzbsp56i
source_url: https://techcrunch.com/2024/01/30/paypal-begins-more-layoffs/
type: article
source: "TechCrunch"
published: 2024-01-30T20:00:23.052Z
updated: 2024-05-09T09:21:59.549Z
tags: ["fintech", "paypal"]
reading_time: 2
upvotes: 1
comments: 0
language: en
---

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# PayPal begins more layoffs

**[TechCrunch](https://daily.dev/sources/tc)** · 2 min read · 1 upvotes · 0 comments

## Summary

PayPal has begun company-wide layoffs, with thousands of people expected to be affected. The company has made changes to its executive team and has struggled to compete with Apple and Stripe. PayPal has also faced a class action lawsuit and layoffs in the past.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2024/01/30/paypal-begins-more-layoffs/>

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---

Tags: [#fintech](https://daily.dev/tags/fintech), [#paypal](https://daily.dev/tags/paypal)

[View this post on daily.dev](https://daily.dev/posts/paypal-begins-more-layoffs-oyzbsp56i)