Payments Firm PayPal To Cut Around 2,500 Jobs: Report
The newly appointed CEO Chriss said the decision was made to “right-size” the company. California: Payments firm PayPal Holdings is planning to cut about 2,500 jobs, or 9% of its…
IRS delays implementing $600 reporting rule for Venmo, PayPal payments
The IRS will delay implementing a sweeping rule change that forces people to report income over $600 paid through popular apps such as Venmo and Paypal, the agency announced Tuesday.…
PayPal cutting 2,000 jobs, or 7% of workforce
PayPal Holdings said Tuesday it is planning to cut 7% of its workforce, or about 2,000 employees, the latest fintech firm to blame mass layoffs on the economic slowdown. The…
IRS ‘cash grab’ with fantasy sports to cause tax pain, experts say
New Internal Revenue Services rules could cause a sizable increase in audits and taxes on Americans, especially those using transaction services like Venmo and PayPal for fantasy sports, according to…