Haaretz EnglishEconomy
PayPal Israel Cuts Workforce by Nearly 25%
Summarized from Haaretz English by baba
Center-leftNeutral tone
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PayPal has laid off nearly 25% of its employees in Israel. The company has not specified the reasons for the cuts, which occur amidst broader tech industry layoffs.
The story in 3 lines · by baba
- PayPal has reduced its Israeli workforce by almost a quarter.
- The company has not stated the specific reason for the layoffs.
- The cuts are occurring within a wider trend of tech sector reductions globally.
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