PayPal Top Executive Vows No Layoffs Due to Coronavirus Pandemic [TheStreet.com]
PayPal Holdings, Inc. (PYPL)
Last paypal holdings, inc. earnings: 1/29 04:15 pm
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Source: TheStreet.com
PayPal Holdings(PYPLGet Report“We don’t intend to do any layoffs as a result of Covid-19,” CEO Dan Schulman said on CNBC. “This is the right thing to step up, to make sure they know that we’ve got their back. If they’re sick, we pay them. If an office closes, we pay them."Schulman added that “we really need to be sure that we have their health and their finances at heart as we deal with this crisis right now."San Jose-based PayPal is the latest company to make a similar pledge to its employees. Shares were off slightly to $96.70.Bank of AmericaBACMSSBUXWFCIn addition, PayPal is allowing its business customers to push back repayments on business loans or cash advances at no additional cost. The company is also doubling the window in which merchants can respond to a customer dispute and waiving fees for instant withdraws from business accounts."We’re basically trying to give small businesses the flexibility to deal with the issues they have right now,” Schulman said. “We’re one of the l
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News
- Paypal (PYPL) Suffers a Larger Drop Than the General Market: Key Insights [Yahoo! Finance]Yahoo! Finance
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- 2025 Will See Increased QR Code Payments but Payment Card IC ASPs Will Not Return to Pre-Covid Levels [Yahoo! Finance]Yahoo! Finance
- PayPal Holdings, Inc. (NASDAQ: PYPL) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Did You Make $5,000 or More via PayPal, Venmo or Cash App? Expect a 1099-K Tax Form [CNET News]CNET News
PYPL
Earnings
- 10/29/24 - Beat
PYPL
Sec Filings
- 12/16/24 - Form 4
- 12/16/24 - Form 4
- 12/2/24 - Form 4
- PYPL's page on the SEC website