Enrique Lores

Chief executive officer, PayPal

Appears in 1 story

Born: November 1, 1965, Madrid

Education: ESADE, ESADE Business School, Technical University of Valencia

Last updated Nov 2, 2026

Stories

PayPal cuts 251 San Jose jobs in AI-driven restructuring

Money Moves

As of September 2026: Led the May 2026 reorganization and the current layoff round

PayPal filed a state notice to eliminate 251 jobs at its San Jose headquarters, with a separation date of October 30. The roles skew senior: nearly 50 directors and more than 40 senior managers. That is a middle-heavy cut rather than bottom-of-org-chart thinning.

Updated Sep 12