PayPal to layoff 2,000 employees

PayPal has become the latest technology company to announce wide-spread layoffs, with the company set to cut 2,000 jobs, about 7% of its workforce.In a message shared with PayPal employees and since posted on the company’s online newsroom, President and CEO Dan Schulman said while PayPal had made “significant progress…to address the challenging macro-economic environment” over the past year, “we have more work to do.”The job cuts will occur over the coming w