Annual number of PayPal employees 2015-2022
fears over a new U.S. recession in 2022 - 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 2022, the growth slowed down compared to previous years.
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" 30,900 employees as of December 31, 2021 - although it does not mention whether these were full-time or part-time employees. Economic downturns - including