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PayPal AI Cuts

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PayPal AI Cuts

B
Benzinga

44 Views • May 07, 2026

Description

PayPal plans to cut about 20% of its workforce over two to three years as new CEO Enrique Lores pushes AI adoption and at least $1.5 billion in savings.

Keywords & Tags

#PayPal #Wall Street Journal #Venmo #Buy Now Pay Later #Cost Cutting #workforce cuts #pypl #digital payments #Fintech Stocks #AI Layoffs

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