Economy · Full coverage
PayPal Slashes Israeli Workforce by Quarter in Global Restructuring
How 12 Israeli newsrooms (in English, Hebrew) covered this story — translated into English and compared side by side.
57% center
Left 2Center 4Right 1Unrated 5
First reported by Globes · Sep 2, 2026
What happened
US payment giant PayPal is laying off about 70 employees, nearly a quarter of its Israeli staff, as part of a global restructuring to streamline operations and invest in AI. This move is consistent with broader layoffs in Israel's tech sector.
- 01PayPal is cutting about 70 jobs in Israel, nearly 25% of its local workforce.
- 02The layoffs are part of a global restructuring and AI investment plan.
- 03The company aims to save $1.5 billion annually through these changes.
- 04PayPal has a long history of acquisitions and R&D in Israel.
- 05The cuts mirror a wider trend of layoffs in the Israeli tech industry.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 12 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.
The Times of IsraelCenter · EnglishSep 3, 2026
PayPal Slashes Israeli Workforce by Quarter in Global Restructuring
BizportalUnrated · HebrewSep 2, 2026
PayPal Cuts Over 20% of Israeli Workforce in Global Efficiency Drive
Behadrei HaredimRight · HebrewSep 2, 2026
PayPal to Lay Off Dozens of Employees in Israel Amid Global Restructuring
N12Center · HebrewSep 2, 2026
PayPal Lays Off Dozens of Israeli Employees Amid Global Efficiency Drive
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