Technology

PayPal Begins Layoffs, Plans to Shut Down San Francisco Office

PayPal Begins Layoffs, Plans to Shut Down San Francisco Office

PayPal has reportedly started laying off employees this week from its offices in Chicago, Omaha, Nebraska and Chandler, Arizona, in an effort to reduce its spending. The financial technology company is also planning to shut down its San Francisco office, but will not freeze its hiring, according to TechCrunch. 83 workers at PayPal were impacted by the latest decision.

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