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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PYPL
Earnings
- 2/7/24 - Beat
PYPL
Sec Filings
- 4/17/24 - Form PX14A6G
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- PYPL's page on the SEC website