PayPal has been laying off workers to reduce costs
 

PayPal has laid off workers in risk management and operations this week, according to Bloomberg. It's the latest in a series of layoffs within the company — and it also won't be the last. The publication says the payment processor also recently reduced its employee numbers in Chicago, Omaha, Nebraska and Chandler, Arizona. Further, it previously revealed that it was going to permanently lay off 80 people working in its headquarters in San Jose, California.

https://www.engadget.com/paypal-layo...8.html?src=rss