Details on how many people are employed at that office were not available. PayPal also maintains a second office in nearby Timonium, which will remain open. Bill Me Later became PayPal Credit following the acquisition, and continued to hire tech talent. No current jobs at Residence Inn Baltimore Hunt Valley. The company built up a presence in Baltimore County following the 2008 acquisition of Bill Me Later by eBay. Our All Suite Hunt Valley, MD hotel provides plush amenities and contemporary accommodations. The company also plans to cut 183 jobs in California’s Bay Area, The Mercury News reported this week. In a wider move, PayPal is transitioning the consumer credit portfolio to Synchrony Financial in a $7 billion deal, Techcrunch reported, so the local closure comes as a result. That office is primarily responsible for customer contact activities for PayPal Credit in the U.S., including servicing and collections. Services offered will include career coaching, job search and resume assistance, information on networking and interview training. For those whose roles will be eliminated, we are providing comprehensive separation packages, career outplacement services, and employee assistance programs.” “We are fully committed to helping employees transition to the next steps in their careers. “We value the work of our Hunt Valley teammates and are making every effort to the identify new opportunities for them both inside and outside of PayPal,” a PayPal spokesperson said in a statement. The Silicon Valley-based company filed notice of the job cuts with the State of Maryland’s Department of Labor, Licensing and Regulation. Layoffs are scheduled to take place in late June 2019.
The fintech giant plans to lay off 380 people in Hunt Valley as part of plans to close a pair of offices, the company confirmed. PayPal is cutting back its sizable presence in Baltimore County, with hundreds of employees are losing jobs as a result.
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