Paypal laid off 83 employees last month, the company said in a filing. The layoffs affected employees at the digital payment giant’s San Jose office and went into effect on April 13, according to the filing. The company employed a total of 30,900 people globally as of December, approximately 13,100 of whom were in the US. The layoffs come amid a downturn in the growth of e-commerce across the...
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The Layoff Contagion Is Hurting Us All
Alphabet. Salesforce. Microsoft. IBM. Zoom. Meta Platforms. Amazon. The list goes on. More than 300,000 people laid off just in technology, just in the past year, and the number keeps growing—Disney, Goldman Sachs, Philips, Boeing, Meta (again), Amazon (again), even McKinsey. Seems like everyone is joining the layoff bandwagon. Many, indeed virtually all, of the companies that have...
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