PayPal to layoff 9% employees
Nigeria, Jan. 31 -- PayPal, an online payment company, has announced a plan to cut 2,500 jobs globally in the latest round of big tech layoffs.
The decision, according to the company, would affect 9 per cent of its workforce across the world.
In a message to the company's employees on Tuesday, PayPal Chief Executive Officer, Alex Chriss, said the decision was to "right-size" the company business.
He said affected employees will be notified by the end of the week.
"In our last Global All Hands, I shared that to build a growth organisation and unlock our true potential, we need to be honest about how we can improve.
"During the last few months, I have spent as much time as possible with as many of you as possible to learn about our com...
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