Layoffs Canada

PayPal Layoffs 2026 — Job Cuts in Canada

Media Report

PayPal is planning to eliminate approximately 20% of its workforce, or more than 4,000 jobs globally, over the next 2-3 years. The company has more than 260 workers in Canada, though it remains unclear if any Canadian employees will be affected by the layoffs.

Announced Date
May 5, 2026
Province
Canada-wide
Industry
Finance & Insurance
Laid Off
Undisclosed
Percentage
20%
Organization Type
public
Source
News Media
Organization
PayPal

Other Finance & Insurance Layoffs in Canada

View all Finance & Insurance layoffs in Canada →

Sources (1 article)

PayPal Planning to Eliminate 20% of Staff, Increasing AI Adoption

Samfiru Tumarkin LLP·May 5, 2026