Tech layoffs continue: PayPal lays off 2,500 employees to ‘right-size company’

As January comes to an end, we’ve witnessed a series of layoffs affecting a variety of tech companies, including Google, Microsoft, and eBay. Continuing this trend, PayPal, a major player in the payments industry, announced that it would lay off 2,500 employees, accounting for 9% of its global workforce. The company’s chief executive, Alex Chriss, … Read more