New Delhi : Digital payments platform PayPal has reportedly conducted a major round of layoffs in India. The company is said to have fired 600 employees, or roughly 10 per cent of its Indian workforce. PayPal has cut around 600 jobs in Chennai, Bengaluru and Hyderabad across several teams including technology, engineering, operations, payments and finance. PayPal is said to have had just over 6,000 workers in India before this round of layoffs.
PayPal fired employees on a call without giving a prior notice about this decision. “We didn’t get any prior notice. We got an invite to join a call on Monday morning (August 31) and there were many employees on it from across offices in India,” an impacted employee said, as cited in the report. “We were informed that we would be let go. Right after the call, our access was immediately revoked.”
The employee added, “After that we only got an off-boarding email informing about the further process. We are getting some job assistance and were promised one month’s salary as severance pay. But, we are yet to hear back on that and the full and final settlement.” Another employee reportedly said that they received a direct email on August 31 saying they had been fired.
PayPal had about 23,800 employees globally as of December 31, 2025, which means it would affect about 4,760 roles. As per reports, PayPal is conducting layoffs in phases, beginning in the Asia-Pacific region, including India, followed by meetings with affected employees across the US, Europe, the Middle East and Africa on Monday. In Ireland, reports say, about 164 employees were laid off on the same day, which was about 12 per cent of PayPal’s headcount in the country.
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