PayPal cuts about 600 jobs in India

Business Today reports that PayPal is laying off ten percent of its workforce in India, affecting more than six hundred employees across regions such as Chennai, Bengaluru, and Hyderabad. The publication states that these reductions are part of a broader global restructuring to streamline operations, reduce costs, and accelerate the adoption of artificial intelligence. According to a company spokesperson quoted in the article, the staffing changes form part of a multi-year transformation intended to simplify global operations and strengthen execution.

The Free Press Journal reports that PayPal has laid off approximately six hundred employees across its offices in Chennai, Bengaluru, and Hyderabad. According to the publication, affected workers learned of the decision during a morning call after which their access was immediately revoked, though they received an off-boarding email, job assistance, and one month of severance pay. The article attributes accounts of the abrupt dismissal to an impacted employee and notes that the reductions follow earlier global restructuring plans linked to cost reduction and artificial intelligence adoption.

India Today reports that digital payments platform PayPal has laid off approximately 600 employees in India, accounting for roughly ten percent of its local workforce. The cuts affected teams across technology, engineering, operations, payments, and finance in Chennai, Bengaluru, and Hyderabad. Affected workers stated they received no prior notice before being informed of their termination on an August 31 call, after which their access was immediately revoked.

DNA India reports that PayPal has eliminated around 600 jobs in India as part of a wider global restructuring plan. Citing external reports, the article notes that up to 1,500 Indian workers could eventually be affected by the ongoing changes. Employees stated they were notified of their termination during a morning call on August 31 without advance notice, followed by immediate access revocation and an off-boarding email detailing severance and job assistance.

ET Now reports that PayPal has laid off approximately 600 employees in India, representing about ten percent of its local workforce, as part of a broader global cost-cutting initiative. According to the report, staff across technology, engineering, operations, payments, and finance were affected in Chennai, Bengaluru, and Hyderabad. Impacted employees were reportedly informed during an August 31 meeting, given one month's salary as severance, and provided with job placement assistance.

News9live reports that PayPal has cut roughly 600 jobs in India across offices in Chennai, Bengaluru, and Hyderabad, representing about ten percent of its local workforce. The reductions are part of a wider global restructuring exercise aimed at lowering company costs. Affected employees stated they received an invite to a Monday morning call on August 31 without prior notice, where they were informed of their termination and subsequent system access revocation.

Equitypandit reports that PayPal has laid off approximately 600 staff members in India, representing about ten percent of its local workforce, across centers in Chennai, Bengaluru, and Hyderabad. The publication notes that affected employees were informed via a virtual call or direct email on August 31, with company system access cut off immediately afterward. According to the article, those affected were offered a month of salary as severance along with job placement assistance as part of wider global cost-cutting measures.

The South First reports that PayPal has cut hundreds of jobs across its operations in Chennai, Bengaluru, and Hyderabad as part of a global restructuring effort. Affected employees stated they received no prior notice before being informed of their termination on a morning call, after which their system access was immediately revoked. A PayPal spokesperson stated that the cuts involved approximately 220 employees, while multiple reports cited a figure of around 600 jobs lost in India.