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PayPal to Cut 2,500 Jobs or 9% of Global Workforce in Another Massive Layoff Round

PayPal to Cut 2,500 Jobs or 9% of Global Workforce in Another Massive Layoff Round

PayPal has announced its plan to cut its global workforce by 9% or about 2,500 jobs this year. PayPal is planning to cut its global workforce by 9% or about 2,500 jobs this year, according to its CEO Alex Chriss.


Russia's Vladimir Putin's Income as President Revealed: How Much Money Did He Earn in the Past 6 Years?

Russia's Central Election Commission (CEC) published the financial earnings of Russian President Vladimir Putin on Tuesday.

Byron Allen's Allen Media Group Submits $30 Billion Bid to Buy Paramount Global

Byron Allen, through his company Allen Media Group, has made a $30 billion bid to acquire Paramount Global.

Samsung Remains Optimistic About Digital Devices Demand Despite 2023 Chip Sales Decrease

Samsung predicted a gradual rebound in tech demand and memory chips in 2024 despite a 34% drop in 2023 fourth-quarter profitability.


Latest News

China Reports Woman's Death From 2 Combined Strains of Bird Flu; Another Bird Flu Strain Found Killing Antarctic Penguins
China has reported the death of a 63-year-old woman from Anhui province due to combined H3N2 and H10N5 strains of bird flu.
Elon Musk Could Lose His Spot as World's Richest Person After Judge Voids His Record-Breaking $55 Billion Tesla Pay Package
A Delaware judge ruled on Tuesday to void Tesla CEO Elon Musk's 2018 compensation package, which is potentially worth up to $55.8 billion.
UPS Posts Positive Quarterly Earnings, And Forecasts A Strong Holiday Season
UPS is set to lay off 12,000 workers this year, attributing the decision to a notable slowdown in delivery volume.
Web Network
A recent study predicts that around 62,000 entertainment jobs in California are likely to be disrupted by AI.
GERMANY-AUTOMOBILE-IAA-SHOW
GOP reps are urging the Biden administration to investigate Ford's deals with Chinese companies.
Simplifying Online Security: How Dteckt Empowers Everyone to Stay Safe Online
With the ever-present threat and news of data breaches, identity theft, and cyberattacks, the demand for robust consumer cybersecurity solutions has reached unprecedented levels. Relying solely on businesses and organizations to keep us safe is no longer enough. In fact, research suggests that 50% of companies have little to absolutely no cybersecurity capabilities. Fortunately, Dteckt, an innovative cybersecurity platform, finds itself well-positioned to capitalize on this growing market.
fighter jet
The Thai Air Force plans to petition the state budget for 19 billion baht ($538 million) to buy new fighter jets to replace its old fleet.
HSBC
The Bank of England fined HSBC £57.4 million ($72.8 million) for "serious failings" in customer money protection.
Joe Biden to Ban Salary History Use in Federal Employment Offers, Require Contractors to Reveal Pay Ranges in Job Ads
The administration of President Joe Biden plans to require companies with federal government contracts to disclose compensation ranges in job postings.
prison
Inmates are part of a covert workforce in the US that is associated with several famous food firms. A secret workforce in the United States is connected to hundreds of well-known food companies, and it involves prisoners.