PayPal Holdings Starts ‘Small’ Select Number of Job Cuts

PayPal Holdings Inc. initiated a “small,” select number of job cuts on Monday, a spokesperson confirmed.

• “PayPal regularly evaluates how we allocate resources to align with the company’s priorities and deliver for our customers,” a company spokesperson said in a written statement
• The company declined to confirm how many employees were cut or from which businesses

--With assistance from Dana Hull.

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Paige Smith in New York at psmith494@bloomberg.net

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Jonas Bergman

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