PayPal is trading at ARS 10650.00 (-5.10%) after news of 251 San Jose layoffs, effective October 30, 2026.
- The cuts are part of a restructuring targeting approximately $1.5 billion in savings and potentially 20% of its workforce.
- Crypto was not the primary driver: Bitcoin fell 0.45% over 24 hours, while Ethereum rose 0.42%.
- Broader risk sentiment remained defensive amid oil and rate concerns.