PayPal job cuts cost the company $71 million in Q2

PayPal Holdings Inc. said restructuring costs tied to trimming its global workforce totaled $71 million in the second quarter. The PayPal job cuts will ultimately save the payments giant about $260 million this year. That includes approximately $100 million in stock-based compensation, according to a regulatory filing Wednesday, Aug. 3. PayPal is looking to the […] The post PayPal job cuts cost the company $71 million in Q2 appeared first on Digital Commerce 360.