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PayPal, Coinbase Announce Layoffs as AI Impact Bites

Software shares continue to feel the impact of AI uncertainty, with news coming out about job cuts at PayPal and Coinbase as well as disappointing commercial sales from Palantir. Lauren Webster, managing director in the technology investment banking group at Piper Sandler, discusses the market moves with Caroline Hyde on “Bloomberg Tech.” (Source: Bloomberg)

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BloombergLean L·11h ago
PayPal, Coinbase Announce Layoffs as AI Impact Bites
Software shares continue to feel the impact of AI uncertainty, with news coming out about job cuts at PayPal and Coinbase as well as disappointing commercial sales from Palantir. Lauren Webster, managing director in the technology investment banking group at Piper Sandler, discusses the market moves with Caroline Hyde on “Bloomberg Tech.” (Source: Bloomberg)
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PayPal, Coinbase Announce Layoffs as AI Impact Bites

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PayPal, Coinbase Announce Layoffs as AI Impact Bites

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