PayPal is shuttering its San Francisco office: Report

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PayPal is shuttering its San Francisco office: Report
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PayPal is pulling the blinds down for good in its San Francisco office. Don't worry, San Jose's headquarters will still be there.

Major United States-based payment processor PayPal will reportedly be closing its office in San Francisco, while the headquarters in nearby San Jose will remain available to employees.its offices in downtown San Francisco with its Xoom arm — the division responsible for international digital money transfer services. At the time of publication, PayPal has several job listings for San Francisco as well as 17 other locations across the United States, and 32 international locations.

A PayPal spokesperson reportedly hinted the closure was aimed at the company evaluating its “global office footprint.” Another person at PayPal familiar with internal happenings at the firm said displaced San Francisco employees would also have the option of working remotely.

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