StreetInsider.com News Articles

PayPal cuts jobs in India and Ireland as it aims to simplify global operations

Thu, 03 Sep 2026 11:15:31 -0400

Investing.com -- PayPal (NASDAQ: PYPL) has cut jobs in India and Ireland as part of a multi-year restructuring that is working through the payments group’s international offices.

A source familiar with the matter told Investing.com that approximately 220 jobs were cut in India, alongside 160 cuts in Ireland.

In Ireland, the redundancies are said to amount to almost 12% of PayPal’s 1,380-strong full-time workforce in the country.

Earlier this week, it was reported that Sinn Féin TD Ruairí Ó Murchú was informed of the cuts by the company. He said 164 positions would go across all levels of the business, with

PayPal cuts jobs in India and Ireland as it aims to simplify global operations

Thu, 03 Sep 2026 11:15:31 -0400

Investing.com -- PayPal (NASDAQ: PYPL) has cut jobs in India and Ireland as part of a multi-year restructuring that is working through the payments group’s international offices.

A source familiar with the matter told Investing.com that approximately 220 jobs were cut in India, alongside 160 cuts in Ireland.

In Ireland, the redundancies are said to amount to almost 12% of PayPal’s 1,380-strong full-time workforce in the country.

Earlier this week, it was reported that Sinn Féin TD Ruairí Ó Murchú was informed of the cuts by the company. He said 164 positions would go across all levels of the business, with

Exclusive: PayPal cuts 220 jobs in India, 160 in Ireland

Thu, 03 Sep 2026 10:52:51 -0400

(Updated - September 3, 2026 10:52 AM EDT)

PayPal is cutting roughly 220 jobs in India and 160 jobs in Ireland, a source familiar with the matter told StreetInsider on Thursday.

The company has been in the spotlight since Monday, when indications of layoffs first surfaced.

Irish publication The Journal first reported Monday that 164 employees based in Ireland will be laid off. Sinn Féin TD Ruairí Ó Murchú said a PayPal spokesperson informed him that 164 positions will be eliminated, representing nearly 12% of the company's Irish workforce.

The company has not issued an official statement.

Exclusive: PayPal cuts 220 jobs in India, 160 in Ireland

Thu, 03 Sep 2026 10:52:51 -0400

(Updated - September 3, 2026 10:52 AM EDT)

PayPal is cutting roughly 220 jobs in India and 160 jobs in Ireland, a source familiar with the matter told StreetInsider on Thursday.

The company has been in the spotlight since Monday, when indications of layoffs first surfaced.

The company has not issued an official statement.

PayPal (PYPL) Ticks Higher, Still Down Following Unconfirmed M&A Chatter

Thu, 03 Sep 2026 10:47:19 -0400

PayPal (NASDAQ: PYPL) Ticks Higher, Still Down Following Unconfirmed M&A Chatter

Said to be mentioned at Betaville

PayPal (PYPL) Ticks Higher, Still Down Following Unconfirmed M&A Chatter

Thu, 03 Sep 2026 10:47:19 -0400

PayPal (NASDAQ: PYPL) Ticks Higher, Still Down Following Unconfirmed M&A Chatter

Said to be mentioned at Betaville

PayPal cuts 220 jobs in India as part of global restructuring plan - Reuters

Thu, 03 Sep 2026 09:53:18 -0400

PayPal cuts 220 jobs in India as part of global restructuring plan - Reuters

PayPal on watch amid layoffs rumors

Mon, 31 Aug 2026 14:38:02 -0400

(Updated - August 31, 2026 2:38 PM EDT)

Investing.com -- PayPal Holdings is on watch Monday following reports of workforce cuts, though the company has not issued an official statement on the matter.

Discussion about potential layoffs at the payment processing company appeared on anonymous workplace forums including Blind and TheLayoff.

Reports indicate layoffs at PayPal are occurring in stages, beginning with the Asia-Pacific region in India, followed by meetings with affected employees in Europe, the Middle East, and Africa earlier Monday.

When reached for comment, PayPal spokesperson said: "The proposed staffing changes are part of our previously announced multi-year transformation to simplify our

PayPal on watch amid layoffs rumors

Mon, 31 Aug 2026 14:38:02 -0400

(Updated - August 31, 2026 2:38 PM EDT)

Investing.com -- PayPal Holdings is on watch Monday following reports of workforce cuts, though the company has not issued an official statement on the matter.

Discussion about potential layoffs at the payment processing company appeared on anonymous workplace forums including Blind and TheLayoff.

When reached for comment, PayPal spokesperson said: "The proposed staffing changes are part of our previously announced multi-year transformation to simplify our

Bernstein SocGen on PayPal (PYPL): 'Stripe/Advent Deal is off the table. What's next?'

Mon, 31 Aug 2026 09:10:07 -0400

Bernstein SocGen Group analyst Harshita Rawat reiterated a Market Perform rating and $55.00 price target on PayPal (NASDAQ: PYPL).

The analyst commented: "PayPal-Stripe/Advent: Deal is off the table. What's next? Bloomberg reported late last night that Stripe and Advent are abandoning their bid for PayPal. PayPal stock is down 15%. In this note we discuss the path forward for PayPal, and also our perspectives on implications for the rest of the industry. Stalemate on price? Stripe and Advent’s $60.5 initial bid came at a time when PayPal and fintech were trading close to all-time low valuations. As we said at the

PayPal (PYPL) PT Lowered to $53 at Truist Securities

Mon, 31 Aug 2026 09:04:34 -0400

(Updated - August 31, 2026 9:04 AM EDT)

Truist Securities analyst Matthew Coad lowered the price target on PayPal (NASDAQ: PYPL) to $53.00 (from $62.00) while maintaining a Hold rating.

The analyst commented: "The saga of Advent International / Stripe's PayPal pursuit continued this morning with Bloomberg reporting that Advent / Stripe are no longer looking to purchase PayPal. This could be a negotiating tactic to lower the potential purchase price, but nevertheless we question the strategic rationale for Stripe to buy PayPal and the lack of strategic motivation puts a ceiling on the potential bid price, in our opinion. Our PayPal

PayPal (PYPL) PT Lowered to $53 at Truist Securities

Mon, 31 Aug 2026 09:04:34 -0400

(Updated - August 31, 2026 9:04 AM EDT)

Truist Securities analyst Matthew Coad lowered the price target on PayPal (NASDAQ: PYPL) to $53.00 (from $62.00) while maintaining a Hold rating.

PayPal (PYPL) PT Lowered to $51 at Mizuho

Mon, 31 Aug 2026 06:38:23 -0400

(Updated - August 31, 2026 6:38 AM EDT)

Mizuho analyst Dan Dolev lowered the price target on PayPal (NASDAQ: PYPL) to $51.00 (from $60.00) while maintaining a Neutral rating.

The analyst commented: "With Stripe walking away, the market's attention shifts back to PayPal's fundamentals, which we believe are facing challenges on 3 major fronts: (1) Branded checkout is increasingly facing commoditization risk. (2) Germany, where PYPL is the dominant player, is seeing growing risk of share loss. (3) Venmo, arguably the prime asset Stripe would have acquired, faces a potential disruption risk from Elon's X-Money, which could chip away with high deposit

PayPal (PYPL) PT Lowered to $51 at Mizuho

Mon, 31 Aug 2026 06:38:23 -0400

(Updated - August 31, 2026 6:38 AM EDT)

Mizuho analyst Dan Dolev lowered the price target on PayPal (NASDAQ: PYPL) to $51.00 (from $60.00) while maintaining a Neutral rating.

Investing.com’s stocks of the week

Fri, 28 Aug 2026 14:11:30 -0400

Investing.com -- Software and AI results dominated the week, with Nvidia's blowout quarter, a huge move higher for Salesforce, and strong numbers across cybersecurity. However, PayPal shares have gone the other way.

Here are Investing.com's stocks of the week:

Nvidia

Nvidia rose 8.7% on Thursday after another set of strong results, though the stock has given back 3.7% so far on Friday, leaving it broadly flat over the week with a gain of 0.2%.

The chipmaker reported fiscal second-quarter earnings of $2.22 per share on revenue of $96.2 billion, up 106% year-over-year.

Third-quarter revenue guidance of $108 billion, plus or minus

Investing.com’s stocks of the week

Fri, 28 Aug 2026 14:11:30 -0400

Here are Investing.com's stocks of the week:

Nvidia

Nvidia rose 8.7% on Thursday after another set of strong results, though the stock has given back 3.7% so far on Friday, leaving it broadly flat over the week with a gain of 0.2%.

The chipmaker reported fiscal second-quarter earnings of $2.22 per share on revenue of $96.2 billion, up 106% year-over-year.

Third-quarter revenue guidance of $108 billion, plus or minus

Investing.com’s stocks of the week

Fri, 28 Aug 2026 14:11:30 -0400

Here are Investing.com's stocks of the week:

Nvidia

Nvidia rose 8.7% on Thursday after another set of strong results, though the stock has given back 3.7% so far on Friday, leaving it broadly flat over the week with a gain of 0.2%.

The chipmaker reported fiscal second-quarter earnings of $2.22 per share on revenue of $96.2 billion, up 106% year-over-year.

Third-quarter revenue guidance of $108 billion, plus or minus

Investing.com’s stocks of the week

Fri, 28 Aug 2026 14:11:30 -0400

Here are Investing.com's stocks of the week:

Nvidia

Nvidia rose 8.7% on Thursday after another set of strong results, though the stock has given back 3.7% so far on Friday, leaving it broadly flat over the week with a gain of 0.2%.

The chipmaker reported fiscal second-quarter earnings of $2.22 per share on revenue of $96.2 billion, up 106% year-over-year.

Third-quarter revenue guidance of $108 billion, plus or minus

Investing.com’s stocks of the week

Fri, 28 Aug 2026 14:11:30 -0400

Here are Investing.com's stocks of the week:

Nvidia

Nvidia rose 8.7% on Thursday after another set of strong results, though the stock has given back 3.7% so far on Friday, leaving it broadly flat over the week with a gain of 0.2%.

The chipmaker reported fiscal second-quarter earnings of $2.22 per share on revenue of $96.2 billion, up 106% year-over-year.

Third-quarter revenue guidance of $108 billion, plus or minus

Investing.com’s stocks of the week

Fri, 28 Aug 2026 14:11:30 -0400

Here are Investing.com's stocks of the week:

Nvidia

Nvidia rose 8.7% on Thursday after another set of strong results, though the stock has given back 3.7% so far on Friday, leaving it broadly flat over the week with a gain of 0.2%.

The chipmaker reported fiscal second-quarter earnings of $2.22 per share on revenue of $96.2 billion, up 106% year-over-year.

Third-quarter revenue guidance of $108 billion, plus or minus

PayPal (PYPL) call put ratio 2 calls to 1 put with a focus on August 28 weekly 62, 63 and 64 calls

Fri, 28 Aug 2026 10:56:30 -0400

PayPal (NASDAQ: PYPL) 30-day option implied volatility is at 34; compared to its 52-week range of 26 to 56. Call put ratio 2 calls to 1 put with a focus on August 28 weekly 62, 63 and 64 calls amid share price down 11.6%.

PayPal tumbles as Advent, Stripe said to drop $50 bln pursuit

Fri, 28 Aug 2026 07:45:01 -0400

Investing.com-- A consortium of buyout firm Advent International and payments processor Stripe has abandoned its pursuit of PayPal Holdings (NASDAQ: PYPL), Bloomberg News reported on Thursday evening, sending the payment company’s shares sharply lower in extended trading.

The group had previously offered more than $50 billion for PayPal, the report said, citing people familiar with the matter. PayPal’s board was looking for a higher price.

PayPal shares dropped 17% to $50.98 in pre-open trading Friday.

The deal interest emerged after PayPal’s shares fell sharply, with Stripe considering a purchase of part or all of the company.

The takeover speculation, along with stronger-than-expected second-quarter earnings,

PayPal tumbles as Advent, Stripe said to drop $50 bln pursuit

Fri, 28 Aug 2026 07:45:01 -0400

The group had previously offered more than $50 billion for PayPal, the report said, citing people familiar with the matter. PayPal’s board was looking for a higher price.

PayPal shares dropped 17% to $50.98 in pre-open trading Friday.

The deal interest emerged after PayPal’s shares fell sharply, with Stripe considering a purchase of part or all of the company.

The takeover speculation, along with stronger-than-expected second-quarter earnings,

PayPal tumbles as Advent, Stripe said to drop $50 bln pursuit

Fri, 28 Aug 2026 07:45:01 -0400

The group had previously offered more than $50 billion for PayPal, the report said, citing people familiar with the matter. PayPal’s board was looking for a higher price.

PayPal shares dropped 17% to $50.98 in pre-open trading Friday.

The deal interest emerged after PayPal’s shares fell sharply, with Stripe considering a purchase of part or all of the company.

The takeover speculation, along with stronger-than-expected second-quarter earnings,

Warsh, Nvidia And oil In focus - what’s moving markets

Fri, 28 Aug 2026 06:56:17 -0400

Investing.com - U.S. stock futures were little changed on Friday after Nvidia’s blockbuster earnings reignited the technology rally, with investors now turning their attention to Federal Reserve Chair Kevin Warsh’s closely watched speech at Jackson Hole. Meanwhile, renewed uncertainty over U.S.-Iran negotiations pushed oil prices higher, while PayPal tumbled after takeover talks collapsed.

1. Futures steady after Nvidia-fueled rally

U.S. stock futures were little changed early Friday after Nvidia’s stronger-than-expected outlook helped lift Wall Street in the previous session.

S&P 500 futures was flat, while Nasdaq 100 futures slipped 0.3%. Dow futures were up 0.2%.

Nvidia shares jumped 8.7% on Thursday after the chipmaker delivered