If the global consumer is showing signs of cutting spending, PayPal didn’t get that email. The digital payments and peer-to-peer platform on Tuesday (July 30)...
Slowing growth. A churning of inactive accounts. A slew of puts and takes dominated PayPal’s earnings Wednesday (Feb. 7), and a number of flat metrics...
PayPal will eliminate about 2,500 positions, or about 9% of its workforce, this year. The company aims to “right-size” its workforce by cutting jobs and...
PayPal is introducing what it terms a “reimagined checkout experience” that will reduce checkout times by as much as 50%. In addition, it’s using artificial...
Former PayPal President and CEO Dan Schulman will leave the company’s board of directors at the end of the year. Schulman, who has served on the board since 2015...
In his first quarterly earnings conference call as PayPal’s new CEO, Alex Chriss laid out for investors and analysts a number of initiatives aimed at...
PayPal has named longtime Intuit executive Alex Chriss to serve as its new president and CEO. The payments company announced Chriss’ appointment in a Monday (Aug. 14) press release, following...