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PayPal Cuts 251 More San Jose Jobs as It Guts Engineering for AI

PayPal filed a WARN notice cutting 251 jobs at its San Jose headquarters, effective October 30, concentrated among senior software engineers, directors and managers. It's part of a plan to cut 20% of PayPal's global workforce, about 4,760 jobs, to save $1.5 billion that CEO Enrique Lores is redirecting into AI.

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PayPal Cuts 251 More San Jose Jobs as It Guts Engineering for AI

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Startup Fortune broke the news 5 hours ago on Monday, September 28, 2026.

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PayPal Cuts 251 More San Jose Jobs as It Guts Engineering for AI

1 Articles

1 Articles

PayPal Cuts 251 More San Jose Jobs as It Guts Engineering for AI

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