Layoffs

Finance 9 min PayPal's AI Reckoning: New CEO Cuts 4,760 Jobs and Bets $1.5 Billion on Machine-Led Transformation PayPal announced 4,760 job cuts (20% of workforce) as new CEO Enrique Lores restructures the company into thre... FI Finance Desk 8 May Finance 10 min Coinbase Joins PayPal in AI-Driven Job Cuts: Is the Great Fintech Workforce Reset Just Beginning? Coinbase (14% cuts) and PayPal (20% cuts) announced AI-driven workforce reductions on the same day, capping a... FI Finance Desk 8 May