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Displaying items by tag: Online Payment

Monday, 15 October 2012 19:13

Paypal is firing hundreds of workers

paypal

It looks like none of the big companies can avoid the trend of releasing their workers. Now it's PayPal's turn and they intend to cut around 3% of the workforce, making it up to 400 jobs. This is an idea coming from PayPal's president David Marcus in the hope that it will help reorganize the payment company and cut additional costs. The cuts will have the biggest impact on the product and technology groups and will be taking place in the next few weeks. PayPal currently has around 13,000 employees.

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