With PayPal Layoffs Brewing, How to Play PYPL Stock in September 2026

Digital payments firm PayPal Holdings (PYPL) is enacting sweeping layoffs as the company tries to simplify its global operations. Reports indicate the cuts are happening in phases, starting in India in the Asia-Pacific region, followed by meetings with affected employees in Europe, the Middle East, and Africa. Under CEO Enrique Lores, the company expects to cut about 20% of its global workforce over the next two to three years.

In India, PayPal cut its local workforce by approximately 4%, or about 220 employees. However, the actual number of affected employees appears to be significantly higher, as Moneycontrol reached out to an affected employee, who said around 600 people have been let go. In Israel, a major tech hub, PayPal is laying off dozens of employees. In Ireland, the company is cutting 164 employees, or about 12% of the Irish workforce.

PYPL stock also dropped after the takeover bid from Stripe and Advent International fell apart. Advent and Stripe made a $60.50-per-share, or about $53 billion, bid for PayPal, which PayPal management rebuffed because it wanted better terms. The deal value was only a fraction of the $360 billion valuation it had commanded in 2021.

Given these uncertainties and the impact of the restructuring efforts, it may be wise to just observe the stock this month.

PayPal Holdings is a digital payments company that operates a global platform for online and in-person commerce. Its services enable consumers to send and receive money, pay merchants, manage transactions, and access financial products through brands including PayPal, Venmo, and Xoom.

The company serves individuals, small businesses, large merchants, marketplaces, and other enterprises, supporting payments across websites, mobile apps, and physical stores. PayPal also provides transaction processing, fraud prevention, payment authorization, and data-driven tools that help businesses manage sales and customer relationships. PayPal is headquartered in San Jose, California, and has a market capitalization of $46.77 billion.