PayPal Plans Job Cuts Amid New CEO's Turnaround Strategy
PayPal is preparing for job cuts as its new CEO implements a turnaround strategy aimed at revitalizing the fintech company.
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PayPal Plans Job Cuts as Fintech’s New CEO Pursues Turnaround Strategy - Bloomberg.com
PayPal Plans Job Cuts as Fintech’s New CEO Pursues Turnaround Strategy Bloomberg.com
Read full article →PayPal Prepares Job Cuts As New CEO Takes "Deliberate Steps" In Turnaround Strategy
PayPal Prepares Job Cuts As New CEO Takes "Deliberate Steps" In Turnaround Strategy PayPal shares fell 10% in the early U.S. cash session after CEO Enrique Lores began a turnaround effort aimed at "taking deliberate steps to sharpen focus and accelerate growth." Lores is pushing forward with a new turnaround plan that could generate at least $1.5 billion in savings for the struggling payment platform over the next two to three years. This will allow the company to reinvest i...
By Tyler Durden
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