About 23,800 people worked at PayPal at the end of 2025, against about 24,400 a year earlier, according to its annual filings. A new CEO, a strategic reorganization and job cuts in San Jose and Ireland have followed. This guide to PayPal employee statistics covers headcount, 2026 layoffs, regional split, median pay, quarterly spending and workforce diversity, drawn from SEC filings and company reports.
PayPal Employee Statistics
- 23,800Global employees at December 31, 2025, the latest filed count
- 9,600Employees located in the U.S. at year-end 2025
- $114,331Median employee total compensation for 2025
- $1.5B+Gross run-rate savings PayPal expects over two to three years, as of May 2026
- 251Permanent San Jose layoffs in a September 2026 WARN notice
How Many Employees Does PayPal Have in 2026?
PayPal employed about 23,800 people globally as of December 31, 2025, according to its FY2025 Form 10-K.
That remains the latest filed total. The second-quarter 2026 earnings release, dated July 28, 2026, does not report headcount.
Year-end headcount fell in each of the three years after 2022: 29,900 in 2022, 27,200 in 2023, 24,400 in 2024 and 23,800 in 2025.
The 2025 workforce spanned 28 countries, the same as in 2024 and up from 27 in 2022 and 2023. The 10-K describes it as predominantly full-time.
Rival Stripe is privately held and files no headcount, so comparisons with it rely on tracker estimates like those in these Stripe workforce figures.
Source: PayPal 2024 CS&I Performance Metrics Table (year-end 2022–2024); PayPal Form 10-K (year-end 2025)
2026 PayPal Layoffs: A $1.5 Billion Savings Target Without a Headcount Number
| Date | What PayPal, regulators or officials disclosed |
|---|---|
| Jan 30, 2024 | Reduction of about 9% of the global workforce under CEO Alex Chriss |
| Feb 3, 2026 | Board names Enrique Lores President and CEO, effective March 1, 2026 |
| Apr 29, 2026 | Strategic reorganization announced |
| May 5, 2026 | At least $1.5 billion in gross run-rate savings expected over two to three years |
| Q2 2026 | $44 million in restructuring charges for the April reorganization |
| Aug 28, 2026 | Collective redundancy notification received by Ireland’s Department of Enterprise |
| Sep 2026 | California WARN notice for 251 permanent layoffs at the San Jose headquarters |
Source: PayPal newsroom and SEC filings (2024–2026); PayPal Form 10-Q, quarter ended June 30, 2026; RTÉ, August 31, 2026; San Francisco Chronicle, September 3, 2026
PayPal has set a dollar target for its restructuring but has not published a total number of job cuts.
Its first-quarter 2026 materials state it expects at least $1.5 billion of gross run-rate savings over the next two to three years.
CFO Jamie Miller told analysts in July 2026 that PayPal was targeting $400 million in run-rate cost savings by the end of 2026, Payments Dive reported.
The Q2 2026 Form 10-Q recorded $44 million in charges for the reorganization announced in April. PayPal described them as mostly employee severance and benefits, including stock-based compensation.
Is PayPal Cutting 20% of Its Workforce?
The 20% figure comes from Bloomberg, which cited a person familiar with the matter on May 5, 2026.
Widely repeated totals of about 4,760 roles are media calculations that apply 20% to the 23,800 year-end count. PayPal itself has not stated them.
When cuts began in late August 2026, a PayPal spokesperson declined to give the number or percentage of employees affected, per Payments Dive.
Departures from these rounds feed into the wider churn tracked in these employee turnover statistics.
Where Have the 2026 Cuts Landed?
San Jose: a WARN notice filed with California regulators lists 251 permanent layoffs at headquarters, effective October 30, 2026. The San Francisco Chronicle reported that the cuts center on technology and product roles.
Ireland: the Department of Enterprise received a collective redundancy notification from PayPal on August 28, 2026, RTÉ reported. Sinn Féin TD Ruairí Ó Murchú said the company confirmed 164 roles, almost 12% of its Irish workforce.
Those Irish redundancies are proposed for October 7 to 21, 2026, according to Ó Murchú.
PayPal Employee Statistics by Region and Country
The Americas held 46% of PayPal’s workforce at the end of 2025, up from 44% a year earlier.
Asia-Pacific slipped from 44% to 42%. The category PayPal labels “Europe and the Middle East” held at 12%.
| Region (share of global employees) | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|
| Americas | 44% | 46% |
| Asia-Pacific | 44% | 42% |
| Europe and the Middle East | 12% | 12% |
Source: PayPal Form 10-K, FY2024 and FY2025
Staff represented 142 nationalities at year-end 2025, compared with at least 140 a year earlier.
PayPal U.S. Employees, 2022 to 2025
U.S.-based headcount fell from 11,800 in 2022 to 8,900 in 2024. It then rose to about 9,600 in 2025, the only increase in the four years shown.
PayPal’s 2026 proxy statement puts about 41% of the 2025 workforce in the U.S., up from about 37% for 2024.
Those roughly 9,600 roles sit inside a broader labor market covered in these U.S. employment statistics.
Source: PayPal 2024 CS&I Performance Metrics Table (2022–2024); PayPal Form 10-K and 2026 Proxy Statement (2025)
What Does the Median PayPal Employee Earn?
PayPal’s median employee received $114,331 in total compensation for 2025, according to its 2026 proxy statement.
The prior proxy put the 2024 median at $95,903.
| Total annual compensation | 2024 | 2025 |
|---|---|---|
| Median employee (excluding CEO) | 95,903 | 114,331 |
| CEO | 6,658,527 | 25,243,486 |
Source: PayPal 2025 Proxy Statement (FY2024) and 2026 Proxy Statement (FY2025)
The 2025 median covers full-time and part-time employees worldwide, including interns, as of December 1, 2025.
Alex Chriss served as CEO for all of 2025. The 2024 CEO figure reflects that he received no equity awards that year, per the 2025 proxy.
The CEO-to-median pay ratio was 221 to 1 for 2025 and 69 to 1 for 2024.
Large U.S.-listed peers file the same pay-ratio disclosure, though PayPal cautions that methods differ; one comparison sits in these Salesforce headcount and pay figures.
Q2 2026 Operating Expenses: Technology Up, Marketing Down
Technology and development expense reached $849 million in Q2 2026, up from $767 million in Q2 2025.
Sales and marketing fell to $546 million from $583 million. General and administrative rose to $503 million from $461 million.
Restructuring and other totaled $113 million for the quarter and $187 million for the first half of 2026.
Stock-based compensation was $275 million in Q2 2026, against $286 million a year earlier.
These are total expense lines. The earnings release does not break out payroll.
Payments and commerce peer Shopify reports its own workforce numbers, summarized in these Shopify employee statistics.
Source: PayPal Q2 2026 earnings release, three months and six months ended June 30, 2026 and 2025
How Diverse Are PayPal Employees?
U.S. ethnic diversity reached about 58% at the end of 2025, up from about 55% a year earlier.
Global gender diversity stood at about 42%, compared with about 43% at the end of 2024.
Source: PayPal Form 10-K, FY2024 and FY2025
Employees logged 800,000 learning hours in 2025, an average of 33 hours per person.
More than 4,500 employees joined a global Learn-a-Thon, and the company held what it called PayPal’s first AI Summit.
Source: PayPal 2025 Global Impact Report announcement, May 2026
At the end of 2024, about half of PayPal employees worked a hybrid schedule. The rest were fully virtual.
Source: PayPal Form 10-K, FY2024
FAQs
How many employees does PayPal have?
About 23,800 people worked at PayPal globally as of December 31, 2025, including about 9,600 in the U.S., per its FY2025 Form 10-K. No updated total has been filed in 2026.
Is PayPal laying off employees in 2026?
Yes. A WARN notice lists 251 San Jose layoffs effective October 30, 2026, and Ireland received a redundancy notification covering a reported 164 roles. PayPal targets at least $1.5 billion in gross run-rate savings.
Did PayPal confirm the 20% layoff figure discussed on Reddit?
No. The 20% figure traces to a May 5, 2026 Bloomberg report citing a person familiar with the plan. PayPal has stated a savings target of at least $1.5 billion, not a headcount total.
What is the median salary at PayPal?
Median annual total compensation was $114,331 for 2025, per PayPal’s 2026 proxy statement. The figure covers full-time and part-time employees worldwide, including interns, and compares with $95,903 for 2024.
Who is the CEO of PayPal?
Enrique Lores, former President and CEO of HP Inc., became PayPal’s President and CEO on March 1, 2026. He succeeded Alex Chriss; the board announced the change on February 3, 2026.
Sources
https://www.sec.gov/Archives/edgar/data/1633917/000163391726000024/pypl-20251231.htm
https://www.sec.gov/Archives/edgar/data/1633917/000119312526145721/d59508ddef14a.htm
https://www.sec.gov/Archives/edgar/data/1633917/000163391726000080/pypl2q-26earningsrelease.htm
