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PayPal Top Executive Vows No Layoffs Due to Coronavirus Pandemic [TheStreet.com]
Last paypal holdings, inc. earnings: 1/29 04:15 pm
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US:NASDAQ Investor Relations: investor.paypal-corp.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
NEWS
- PayPal Holdings, Inc. (NASDAQ: PYPL) had its "neutral" rating re-affirmed by analysts at Piper Sandler. They now have a $88.00 price target on the stock.[MarketBeat]
- $170+ Bn Payment Gateway Global Market Opportunities and Strategies to 2033 with Amazon Payments, PayPal, Stripe, Visa, and Fiserv Dominating [Yahoo! Finance][Yahoo! Finance]
- PayPal Holdings, Inc. (NASDAQ:PYPL) is largely controlled by institutional shareholders who own 73% of the company [Yahoo! Finance][Yahoo! Finance]
- Consumer Financial Protection Bureau finalizes rule to supervise apps like Google Wallet [Yahoo! Finance][Yahoo! Finance]
- Regulators will oversee cash apps including Apple, PayPal and Zelle [Yahoo! Finance][Yahoo! Finance]
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PYPL
SEC Filings
SEC Filings
- 10/29/24 - Form 10-Q
- 10/29/24 - Form 8-K
- 10/15/24 - Form 4
- PYPL's page on the SEC website
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