PayPal to lay off nearly a quarter of India workforce amid global restructuring

The layoffs reflect broader cost-cutting measures that have been implemented in recent years

The layoffs mirror broader cost-cutting measures which have been carried out lately

Almost 1 / 4 of PayPal’s roughly 6,700 staff in India have both been laid off or are within the strategy of being laid off, in response to sources accustomed to the matter.

Addressing these reductions, a PayPal Spokesperson said, “The current staffing adjustments are a part of our beforehand introduced multi-year transformation to simplify our international operations, strengthen execution, and place the corporate for long-term development. Selections like these are by no means straightforward. We recognise the influence they’ve on our staff and are dedicated to supporting them by means of this transition.” The spokesperson didn’t touch upon actual variety of layoffs in India.

In Might 2026, media reviews emerged that the US-based digital funds big deliberate to chop about 20 per cent of its international workforce over the following few years to speed up AI adoption and scale back prices. The deliberate job cuts would have an effect on roughly 4,760 positions.

Full-time staff

In keeping with the corporate’s annual report, PayPal employed roughly 23,800 individuals globally as of December 31, 2025. About 41 per cent of its workforce was primarily based within the US, with the rest positioned outdoors the nation. Almost 49 per cent of PayPal’s full-time staff have been labeled inside its know-how perform.

As per its web site, PayPal has two software program growth and operations centres in Chennai and Bengaluru, which make use of product, know-how, analytics and operations specialists constructing merchandise, options, and providers for its international buyer base.

The India know-how centres are the most important for PayPal outdoors of the US, with staff right here engaged on constructing PayPal’s funds platform, distributed computing, cloud, cell, person experiences, AI, information science, blockchain, amongst others.

PayPal’s newest workforce discount follows a sequence of cost-cutting and restructuring initiatives lately. As per the annual report, within the second quarter of 2025, the corporate launched its “2Q 2025 Plan”, a large-scale initiative to reengineer its know-how infrastructure, scale back operational prices and “optimise” its workforce. The programme is predicted to run for 18 to 42 months, with the workforce element considerably accomplished by 2027 and the know-how infrastructure element by 2028.

Earlier in 2025, PayPal additionally initiated a workforce discount to adjust to a brand new regulation affecting its operations in a world market. Within the first quarter of 2024, the corporate launched a world workforce discount geared toward streamlining operations, focusing sources on core strategic priorities and bettering its price construction.

This adopted one other international workforce discount launched within the first quarter of 2023, which PayPal stated was meant to focus sources on core strategic priorities, enhance its price construction and enhance working effectivity.

Media reviews noticed that earlier this week, PayPal additionally laid off round 160 staff in Eire, equal to just about 12 per cent of its Irish workforce.

Revealed on September 2, 2026

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