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PayPal Holdings Inc said on Tuesday that it plans to cut 7% off its workforce, around 2000 employees.
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The latest on the list of fintech companies impacted by the economic downturn.
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The company is also a part of Big Tech firms and Wall Street giants.
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They are making layoffs across America as companies try to reduce costs to fight against the recession.
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PayPal's plan to keep control of costs is set in decades of high inflation that is affecting consumers' purchasing power...
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who are also faced with the possibility of a recession looming.