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TopicPaypal laying off 7% of workforce. 2000 people
the_pika
01/31/23 8:35:39 PM
#8:


WingsOfGood posted...
https://www.cnbc.com/2023/01/31/paypal-to-lay-off-2000-employees-in-coming-weeks-about-7percent-of-workforce.html

https://gamefaqs.gamespot.com/a/user_image/5/6/5/AAefUOAAEJB9.jpg

@Covxy why are corporations laying off after making record profit and also expert analysis says these kind of layoffs actually don't save them any money. I can requote that article of the professor who discussed that if you need to see it.

I read an article saying that once the first company engaged in mass layoffs recently the others saw it as a green flag to follow suit, now they dont want to be left behind on the layoff bandwagon or else the stockholders will get mad at them for being bland. Its class warfare

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