PayPal: 600 jobs cut
PayPal has announced the layoff of 600 employees in India, representing a 10% reduction of its workforce. This decision is part of a broader restructuring aimed at achieving $1.5 billion in cost savings, with a significant portion attributed to increased automation and AI adoption. The layoffs affect various teams including technology, engineering, and operations.
Conservative
0
Core Estimate
450
Upper Bound
600
Sources
PayPal Cuts 600 India Jobs as Global Fintech Cost-Cutting Grows
PayPal Cuts 600 India Jobs as Global Fintech Cost-Cutting Grows Search # PayPal Cuts 600 Jobs in India: Is Global Fintech Entering a New Cost-Cutting Era? Published: September 3, 2026 Last Updated: September 3, 2026 Get our latest news first. Add us as your Preferred Source on Google and tap "Star" to prioritize our updates. - PayPal cut about 600 Indian jobs, reducing roughly 10% of its 6,000-plus workforce. - PayPal targets $1.5B in run-rate savings, with about 40% tied to faster AI adop