PayPal has reportedly laid off around 220 employees across its Chennai, Bengaluru and Hyderabad offices, affecting technology, engineering, operations, payments and finance teams. Employees were reportedly informed during a call on August 31 and access was revoked immediately. The cuts come amid PayPal’s broader restructuring and focus on AI-driven operations.

Update: PayPal got in touch to communicate that the headcount reduction made in India was approximately 220 employees, representing 4 percent of PayPal’s India employee headcount. We have made the changes to reflect in the story.

In response to the layoffs, PayPal spokesperson said, “The recent staffing changes are part of our previously announced multi-year transformation to simplify our global operations, strengthen execution, and position the company for long-term growth. Decisions like these are never easy. We recognize the impact they have on our employees and are committed to supporting them through this transition.”

PayPal has laid off approximately 220 employees across its India offices in Chennai, Bengaluru and Hyderabad. The job losses span technology, engineering, operations, payments and finance teams.

According to Moneycontrol, affected employees were given the news over a call, after which their access was immediately revoked. PayPal has over 6,000 employees in India, making this a 4 percent reduction in workforce.