Fintech · United States
PayPal layoffs
We've tracked 4 rounds of PayPal layoffs between May 2022 and May 2026, affecting 9,607 people in total. 50% of them lost their jobs in cuts that PayPal or credible reporting tied to AI. Headcounts are what was reported at the time, and some may have changed since.
People affected
10K
Across tracked announcements
Announcements
4
May 2022 → May 2026
AI-attributed
50%
Of affected people
Every tracked announcement
- −4,800(20% of workforce)AI · likely
Plans to cut about 20% of staff over the next few years; CEO Enrique Lores said the company would first remove duplication and layers, then accelerate AI adoption and automation.
- −2,500(9% of workforce)
CEO Alex Chriss told employees PayPal would cut about 9% of its global workforce, around 2,500 jobs, through direct reductions and the elimination of open roles.
Source: CNBC
- −2,000(7% of workforce)
About 7% of staff; CEO Dan Schulman cited a challenging macroeconomic environment.
Source: CNBC
- −307
PayPal announced 307 job cuts at its Dublin and Dundalk offices.
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Part of the WorkforceSignal company directory, every event curated from public reporting with conservative AI attribution. See methodology.