Tech layoffs: PayPal cuts 2,000 jobs as global economy weakens

Tech layoffs: PayPal cuts 2,000 jobs as global economy weakens

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PayPal is shedding around 2,000 jobs, or 7% of its workers, as it becomes the latest big tech firm to cut costs. "We must continue to change as our world, our customers, and our competitive landscape evolve," PayPal's chief executive Dan Schulman said in a statement. Also on Tuesday, Snap - the…

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