CNBC's Kate Rooney joins 'Power Lunch' to discuss Paypal's decision to cut 2,000 jobs, 7% of its workforce, and the motivation behind the cost-cutting effort.
Twenty-eight U.S. companies have conducted major rounds of job cuts so far this month, as recession fears continue in 2023.

PayPal to lay off 7% of its workforce

02:40pm, Tuesday, 31'st Jan 2023
PayPal Holdings Inc said on Tuesday it is planning to cut 7% of its workforce, which will affect about 2,000 employees.
PayPal Holdings Inc. plans to lay off about 7% of its staff as it continues with broader efforts to reduce costs.
Needham cut the price target for Silicom Ltd. (NASDAQ: SILC) from $65 to $58. Needham analyst Alex Henderson maintained a Buy rating. Silicom shares fell 14.8% to close at $41.37 on Monday. Goldman
Twitter Inc (NYSE:TWTR) is seeking approval for a new payment tool which could rival the likes of PayPal, which ‘chief twit' Elon Musk helped to set up in the 1990s. Musk reportedly pitched the ide

3 No-Brainer Stocks to Buy With $300 Right Now

05:21am, Tuesday, 31'st Jan 2023
You don't need a boatload of cash to begin building wealth on Wall Street.
Discussing undervalued retirement stocks usually brings defensive stocks to mind, especially those with high dividends and low exposure to market volatility. While defensive stocks are great for your
The future looks bright for these stocks despite near-term economic headwinds.

Big Banks Try to Take On Apple Wallet and PayPal

12:00pm, Saturday, 28'th Jan 2023 The Motley Fool
Plus, we chat about the layoffs at Spotify and what's going on at Funko.
The future looks bright for these stocks despite near-term economic headwinds.

Big Banks Try to Take On Apple Wallet and PayPal

07:00am, Saturday, 28'th Jan 2023
Plus, we chat about the layoffs at Spotify and what's going on at Funko.

Best Stocks To Invest In: January 2023

05:14pm, Friday, 27'th Jan 2023 The Motley Fool
Here are 10 stocks that could be excellent additions to your portfolio for the rest of 2023 and for years to come.
'The firm is not yet in serious trouble, but it is trapped by its own mythology,' the Economist writes
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