PayPal CEO Bets on AI Overhaul to Reverse Decline as Company Plans 20% Workforce Cut
PayPal CEO Enrique Lores used the company’s first-quarter earnings call to outline an AI-driven turnaround, telling investors the fintech giant must recommit to its technology roots by aggressively adopting AI across development, customer service, and risk management. Lores announced a dedicated AI transformation team reporting directly to him, tasked with redesigning core processes function by […]