PayPal Cuts 251 Engineering and Senior Roles at San Jose HQ
SOURCEOFFICIAL FILINGCalifornia Employment Development Department· filed August 31, 2026View the filing ↗
What we know
Location: San Jose, California, United States (Santa Clara County).
Department affected: Engineering (senior engineers, directors, senior managers).
A WARN notice for this layoff is recorded on August 31, 2026.
Disclosed through an official WARN filing with the CA state workforce agency.
Summary
PayPal Holdings, Inc. filed a WARN showing 251 job cuts at its San Jose headquarters effective October 30, affecting more than 50 senior engineers, nearly 50 directors and over 40 senior managers as part of an engineering restructuring. The company said the cuts span over 100 engineering positions and are being made to reallocate savings into large-scale AI integration under a new Chief AI Transformation and Simplification Officer. CEO Enrique Lores previously announced a plan to reduce about 20% of PayPal's global workforce over two to three years to achieve at least $1.5 billion in run-rate savings; the San Jose reductions are part of that broader plan which also includes cuts in India, Ireland and Israel. The layoffs are positioned as a shift from manual engineering work toward AI-driven development and are tied to an organizational rechart and cost-savings strategy amid ongoing takeover interest from Stripe and Advent International.
PayPal Holdings, Inc. disclosed this layoff in an official WARN (Worker Adjustment and Retraining Notification) notice recorded by the CA state workforce agency on August 31, 2026. The notice covers 251 employees in First Street San Jose, CA (Santa Clara County), with the layoff effective October 30, 2026.
That is roughly 0.9% 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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Estimated figure based on a WARN filing. Not yet confirmed by PayPal Holdings, Inc..
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