PayPal

Trusted digital payments platform with broad consumer and merchant reach

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Last updated May 21, 2026 (about 3 months ago).

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Trusted digital payments platform with broad consumer and merchant reach

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peopleMay 21, 2026

One Inc Names Former PayPal Executive Kishore Konakanchi Chief Product Officer

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One Inc named former PayPal executive Kishore Konakanchi as Chief Product Officer 15 hours ago. Konakanchi brings more than two decades of payments and fintech experience including an 18-year tenure at PayPal. During his time at PayPal Konakanchi led several major product initiatives. The appointment adds a senior payments veteran to One Inc leadership.

PayPal Payments Infrastructure1 source

peopleMay 21, 2026

PayPal Announces Plans to Cut 20% of Workforce Over Next Two to Three Years

PayPal's new CEO announced on May 5, 2026 that the company will cut approximately 4,760 employees representing 20% of its workforce. The reductions are phased over the next two to three years. The CEO stated PayPal will return to a tech company focus and target $1.5 billion in expense reductions through AI coding and customer service automation. The cuts form part of a broader business reorganization announced in late April 2026.

PayPal Payments Infrastructure1 source

productMay 21, 2026

PayPal Executive Suzan Kereere Sells 4,162 Shares in Open Market Trades

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PayPal President Global Markets Suzan Kereere sold 4,162 common shares in two open-market trades at weighted average prices of $44.1624 and $44.8650. The sale occurred 10 hours ago. Suzan Kereere executed the trades as part of routine insider activity reported in a Form 4 filing. The transactions involved PayPal Holdings Inc. common stock.

PayPal Payments Infrastructure1 source

productMay 21, 2026