Posted on 05/24/2022 5:47:31 PM PDT by Olog-hai
307 jobs are under threat at online payment firm PayPal’s offices in Dublin and Dundalk in County Louth.
The company is opening a consultation with impacted staff who have been notified about the situation.
The roles that are being targeted for compulsory redundancy are across a range of functions.
135 of the positions are based in company’s Dublin office in Blanchardstown, while the remaining 172 roles are in the County Louth town.
PayPal has stressed that the decision does not change its commitment to Ireland.
“PayPal remains committed to Ireland and our Dublin and Dundalk sites will continue to be among our largest global centers for employment and operations, supporting our customers,” it said in a statement. “We will continue to employ well over 2,000 employees after the proposed changes.”
The company said the move was the result of it examining its business to see how it can plan for the future.
“The changes will help us scale our business to meet the evolving needs of our customers, ready for our next chapter of growth,” it said. …
(Excerpt) Read more at rte.ie ...
Any particular reason I should care about this bit of Irish economic news?
PayPal isn’t an Irish company. They’re based in San Jose in California; and that location just laid off 83 workers.
You must care on some level, since you replied.
Is PayPal the “canary in a coal mine” regarding future Tech layoffs?
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