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PayPal layoffs, tracked in full.
PayPal has cut 10,028 jobs across 7 tracked rounds since 2020. The most recent round was announced Sep 3, 2026, affecting 600 employees.
Total since 2020
All time
10,028
Most recent round
Sep 3, 2026
600
Layoff rounds
Tracked
7
Industry share
Cumulative
11.9%
Complete timeline · 7 verified rounds
Every PayPal layoff, documented.
Date
Event
Headcount
Location
Severity
Source
Sep 32026
PayPal lays off senior managers and engineers in San Jose
PayPal announced a new round of layoffs at its San Jose headquarters, affecting senior managers, directors, and engineers.
600
4.0% of total
—
Low
Jun 172026
PayPal shutters PayPal Ventures division
PayPal is winding down its corporate venture arm, PayPal Ventures, as part of an ongoing company restructuring. The division has paused new investment activity and is exploring strategic options for its portfolio.
—
—
Low
May 52026
PayPal to cut 20% of workforce
PayPal's new CEO Enrique Lores announced plans to eliminate approximately 20% of the company's workforce, or about 4,760 roles, over the next two to three years. The restructuring aims to achieve $1.5 billion in gross run-rate savings through organizational simplification and AI integration.
4,760
20.0% of total
—
High
By geography
Where the cuts landed, city by city.
- #01SF Bay Area4 ROUNDS · US4,668
Frequently asked
Questions about PayPal layoffs.
How many people has PayPal laid off since 2020?+
Our dataset tracks 10,028 job cuts across 7 layoff rounds at PayPal since January 2020. All rounds are cross-referenced against WARN Act filings, SEC disclosures, and verified news reports.
When were PayPal's most recent layoffs?+
PayPal's most recent tracked layoffs were announced on September 3, 2026. Scroll up to the timeline for the full round-by-round history.
What percentage of PayPal's workforce has been laid off?+
An exact workforce percentage isn't available for PayPal — we don't have a confirmed peak headcount figure. The total cut figure above reflects all verified rounds in our dataset.
Which teams were affected by PayPal layoffs?+
Based on tracked WARN filings and disclosures, Management appears most frequently across PayPal's layoff rounds. Scroll up to the divisions breakdown for the full picture.
Where does PayPal layoff data come from?+
Our data combines WARN Act government filings (mandatory for US employers cutting 50+ workers with 60-day notice), SEC 8-K corporate disclosures, and verified news reports. Each event is assigned a verification tier. See our methodology for full standards.
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