PayPal employees 2015-2024

PayPal's intention in 2022 to lay off some of its workforce means the end of a significant increase in employees in previous years. The company reported to have "approximately"

employees as of December 31, 2024 - although it does not mention whether these were full-time or part-time employees. Economic downturns - including fears over a new U.S. recession in 2024 - as well as a growing savings interest rate impacted several companies that were growing at a fast pace in the wake of COVID-19 and when many people started exploring fintech solutions and cryptocurrency investments during the lockdowns. Paypal user numbers reflect this changing environment: Whilst the number of active accounts on PayPal did still increase in 2024, the growth slowed down compared to previous years.