PayPal cuts 2,000 jobs as global economy weakens

PayPal cuts 2,000 jobs as global economy weaken credit-google

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[{"selector":"#anim-6b3e63f5-a62b-479a-b083-6a9eb0d84ee8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7575019f-1cbb-4062-910a-a0fc975c893d","keyframes":{"transform":["translate3d(-119%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-16d0f9e2-3991-42d5-ac83-eb26c534c6d5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5952f2fa-09e7-44f7-9f7a-f4fc1d3473af","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Last week, Swedish music-streaming giant Spotify said it would cut 6% of its roughly 10,000 employees, citing a need to improve efficiency. credit-google

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[{"selector":"#anim-9677574f-6326-4381-8989-3e97b96af603","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ccdffabd-b23b-4df0-90a7-41bafe37a53e","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5fad2915-2e6a-4c9d-a3e9-a6befd155b61","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b736925f-56c0-4f5b-a7ac-01ff3e190cbc","keyframes":{"transform":["translate3d(-113.00448%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The South Korean company reported a worse-than-expected 1.7 trillion won ($1.4bn; £1.1bn) loss in the last three months of 2022 as sales plunged 38%. credit-google