PayPal Holdings Inc. stock rose on September 3, 2026. Reports indicate the company received new takeover interest from an undisclosed suitor. This follows a previous report that Stripe and Advent International abandoned their pursuit of the firm.
PayPal is also laying off approximately 600 employees in India. The reduction is part of a plan to cut the global workforce by 20% over the next few years. These measures aim to improve operational efficiency.