PayPal lays off 2,500 workers one week after CEO announces 'new chapter'

PayPal lays off 2,500 workers one week after CEO announces 'new chapter'

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PayPal announced a fresh round of layoffs on Tuesday, cutting about 2,500 jobs. Justin Sullivan/Getty Images PayPal is slashing 9% of its workforce — about 2,500 jobs. The CEO said cuts will "right-size our business." PayPal's stock has slid more than 20% in a year. Last week, CEO Alex Chriss said…

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