PayPal Mass Layoffs Affect About 600 Employees in India
PayPal says nearly 4% of its India workforce has been affected as around 600 employees’ access to company systems was revoked. The cuts are part of a broader phased overhaul starting in Asia-Pacific, intended to simplify operations, lower costs, and focus investment on long-term growth, while trimming about 20% of its global workforce over multiple years.