PayPal Holdings increased its technology and development spend year over year as the company reduced its headcount in January. WHY IT MATTERS: PayPal, one of many tech companies worried about economic uncertainty like Stripe and Amazon, reduced its headcount by 7% — 2,000 employees — the company announced last month. PayPal did not specify the areas of business […]
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- Source: https://bankautomationnews.com/allposts/payments/paypal-continues-tech-investments-despite-layoffs/
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