PayPal layoffs hit Israel as payment giant restructures global operations
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Source: The Jerusalem Post
Published: 2026-09-07 00:37 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Technology & AI, World News, Business & Economy, Technology
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Snippet:
American payment services giant PayPal is laying off 70 employees in Israel from its local workforce of 300 as part of a restructuring announced in May by the company’s new CEO Enrique Lores.
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