PayPal continues tech investments despite layoffs

PayPal continues tech investments despite layoffs

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PayPal Holdings increased its technology and development spend year over year as the company reduced its headcount in January.  WHY IT MATTERS: PayPal, one of many tech companies worried about economic uncertainty like Stripe and Amazon, reduced its headcount by 7% — 2,000 employees — the company announced last month. PayPal did not specify the areas of business […]

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