CEO Enrique Lores

PayPal reduces Israel workforce as company seeks $1.5 billion in savings

September 6, 2026 by nachedeu

PayPal has eliminated 70 jobs in Israel and roughly 220 roles in India as part of a multi-year turnaround plan led by CEO Enrique Lores.

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PayPal reduces Israel workforce as company seeks $1.5 billion in savings

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