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[BUSINESS]■ STORY TIMELINE

PAYPAL, COINBASE CUT JOBS AS AI UNCERTAINTY WEIGHS

PayPal and Coinbase have announced layoffs as software stocks face pressure from AI-related market volatility. The job cuts reflect broader uncertainty about how artificial intelligence will impact tech sector valuations and business models.

1 SOURCEFIRST SEEN MAY 5, 06:54 PM► READ THE ARTICLE
Bloomberg Tech+0m

Software shares continue to feel the impact of AI uncertainty, with news coming out about job cuts at PayPal and Coinbas…