PayPal plans to cut 20% of its staff over the next two to three years, according to a person familiar with the matter.

PayPal shares fell after profit declined and the company warned adjusted earnings would drop, even as revenue and payment ...

The cuts, totaling about 4,760 jobs, are part of a $1.5 billion savings program announced alongside a drop in first-quarter ...

PayPal's first quarterly earnings report under the guidance of recently instated CEO Enrique Lores delivered mixed results as ...

PayPal (PYPL) stock sank 9% after Q1 earnings. New CEO Enrique Lores announced a $1.5B cost-cutting initiative and provided ...

PayPal announces plans to cut 20% of its workforce as part of a $1.5 billion cost-saving strategy under new CEO Enrique Lores ...

The earnings beat plus 11% payment volume growth and improving branded checkout/Venmo momentum show the core engine is ...

PayPal's business rests on three pillars, CEO Enrique Lores focuses on the core business and cost-saving measures. Despite ...

By Utkarsh Shetti May 5 (Reuters) - PayPal's new CEO Enrique Lores outlined a plan to streamline its organizational structure ...