SQ2 News: Block and PayPal Are Cutting Staff - 31st Jan 2024, 8:13am

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Payments firms Block and PayPal are getting smaller. PayPal said Tuesday that it would [cut its workforc](https://www.wsj.com/business/paypal-to-cut-global-workforce-by-9-amid-turnaround-plan-2eead26a)e by 9% this year, according to a letter to staff reviewed by The Wall Street Journal.

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