{"id":33954,"date":"2023-07-11T00:59:22","date_gmt":"2023-07-11T04:59:22","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/payoneer-global-to-cut-about-210-positions\/"},"modified":"2023-07-11T00:59:23","modified_gmt":"2023-07-11T04:59:23","slug":"payoneer-global-to-cut-about-210-positions","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=33954","title":{"rendered":"Payoneer Global to cut about 210 positions"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002262077\" role=\"document\">\n<p>Payoneer Global Inc.<br \/>\n        PAYO,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/221842274\/composite\" class=\"positive\">+4.77%<\/bg-quote><br \/>\n       said late Monday it\u2019s reducing its workforce by 9% and taking a $5 million charge for severance and related expenses in the third quarter. At the end of 2022, the company reported having 2,336 employees in 41 locations across 36 countries, so roughly 210 positions are affected. The fintech company said it expects $20 million in annual savings from the move, and is still evaluating if the plan will have a positive impact to its 2023 outlook. Analysts surveyed by FactSet expect 2023 earnings of 12 cents a share on revenue of $815.7 million. <\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/payoneer-global-to-cut-about-210-positions-69726533?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Payoneer Global Inc. PAYO, +4.77% said late Monday it\u2019s reducing its workforce by 9% and taking a $5 million charge for severance and related expenses in the third quarter. At the end of 2022, the company reported having 2,336 employees in 41 locations across 36 countries, so roughly 210 positions are affected. The fintech company [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-33954","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Payoneer Global to cut about 210 positions | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Payoneer Global Inc. PAYO, +4.77% said late Monday it\u2019s reducing its workforce by 9% and taking a $5 million charge for severance and related expenses in\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=33954\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Payoneer Global to cut about 210 positions | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Payoneer Global Inc. PAYO, +4.77% said late Monday it\u2019s reducing its workforce by 9% and taking a $5 million charge for severance and related expenses in\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=33954\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-11T04:59:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-11T04:59:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/MW-GP644_MicroS_ZG_20180906154215.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1320\" \/>\n\t<meta property=\"og:image:height\" content=\"742\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=33954#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=33954\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Payoneer Global to cut about 210 positions\",\"datePublished\":\"2023-07-11T04:59:22+00:00\",\"dateModified\":\"2023-07-11T04:59:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=33954\"},\"wordCount\":98,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Investing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=33954#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=33954\",\"url\":\"https:\/\/ifintechworld.com\/?p=33954\",\"name\":\"Payoneer Global to cut about 210 positions | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-07-11T04:59:22+00:00\",\"dateModified\":\"2023-07-11T04:59:23+00:00\",\"description\":\"Payoneer Global Inc. 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