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U.S. payment service provider PayPal announces that it will cut around 2,000 jobs, about 7% of its workforce,

citing the "challenging macro-economic environment".

Published February 1, 2023· Updated October 28, 2026·1 min read
Wikimedia Commons — Public domain — by United States Federal Reserve Bank
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Context: 2021–2023 inflation surge.

U.S. payment service provider PayPal announces that it will cut around 2,000 jobs, about 7% of its workforce, citing the "challenging macro-economic environment".

Event summary via Wikipedia Current Events (2023-02-01).