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PayPal launches AI overhaul alongside major job cuts
PayPal CEO Enrique Lores has unveiled a plan to "become a technology company again" by aggressively adopting AI, modernizing its tech stack, and reorganizing operations. The strategy includes forming ...
PayPal is pitching an AI-led turnaround, tying automation and restructuring to $1.5B in savings as it cuts jobs and works to modernize its tech stack.
Two months into the job, PayPal Holdings Inc. president and chief executive Enrique Lores appears to harbor no illusions ...
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