A significant reduction in workforce is underway at a payments app company. The company will be eliminating positions, with a total of 251 jobs being cut.

This move is expected to take effect on October 30. Details of the layoffs were provided in a filing and a Worker Adjustment notice.

Further information about the layoffs can be found through the relevant notices and filings, which include details about the affected jobs at the company's headquarters on First Street in San Jose.