PayPal Cuts 20–25% of Israeli Office Staff
SOURCEOFFICIAL FILINGCalifornia Employment Development Department· filed November 2, 2022View the filing ↗
What we know
Location: Israel (Santa Clara County).
A WARN notice for this layoff is recorded on November 2, 2022.
Disclosed through an official WARN filing with the CA state workforce agency.
Summary
PayPal Holdings, Inc. is laying off dozens of employees in Israel, reducing 20–25% of the roughly 300 staff at its Israeli offices. That percentage corresponds to about 60 employees affected by the cuts. The report frames the reductions as localized to PayPal's Israeli operations; no specific department or precise date of the layoffs is provided. The article does not state reasons or comment from the company, and provides only the percentage range and the total Israeli headcount used to calculate the number laid off.
PayPal Holdings, Inc. disclosed this layoff in an official WARN (Worker Adjustment and Retraining Notification) notice recorded by the CA state workforce agency on November 2, 2022. The notice covers 59 employees in San Jose, CA (Santa Clara County), with the layoff effective November 19, 2022.
That is roughly 0.2% of the 27,200 people PayPal Holdings, Inc. employs.
LayoffTalk has tracked 15 layoff events at PayPal Holdings, Inc. since November 2022, including 940 jobs documented in official WARN filings, with 11 additional events known from news reporting.
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