![]() In 2009, PayPal invested €15m in the establishment of a European Centre of Excellence in Blanchardstown. The same year it also announced 100 new jobs at its Dublin office, where it has been operating since 2003. In 2016, it said that it planned to expand its presence in the Co Louth town following its separation from eBay.Ī decision by the online auction site to close its Dundalk office with the loss of 150 jobs provided an opportunity for Paypal to expand there in what was a shared facility. In 2012, the company announced 1,000 jobs at a new International Operations Centre in Dundalk, with a further 400 following in 2014. Impacted workers were offered the option to apply for other jobs within the company, or for an enhanced voluntary redundancy package. Last year the company relocated around 130 roles in a limited number of teams in Dublin and Dundalk to other locations around the world. “We are offering enhanced redundancy and support packages to help them as they move to the next step in their careers,” the company said. “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.Ī spokesman said PayPal is committed to ensuring anyone who leaves the business will be treated fairly and generously. The company said the move was the result of it examining its business to see how it can plan for the future. “We will continue to employ well over 2,000 employees after the proposed changes.” “PayPal remains committed to Ireland and our Dublin and Dundalk sites will continue to be among our largest global centres for employment and operations, supporting our customers,” it said in a statement. PayPal has stressed that the decision does not change its commitment to Ireland. The roles that are being targeted for compulsory redundancy are across a range of functions.ġ35 of the positions are based in company’s Dublin office in Blanchardstown, while the remaining 172 roles are in the Co Louth town. The company is opening a consultation with impacted staff who have been notified about the situation. ![]() In April 2021, 131 jobs were lost from the Dublin and Dundalk sites.307 jobs are under threat at online payment firm PayPal’s offices in Dublin and Dundalk in Co Louth. This is the second time in 13 months that PayPal has announced job losses in Ireland. ![]() Coming hot on the heels of 100 redundancies at National Pen in the town, IDA needs to be clear on what their investment and job replacement strategy is for the county.” Bottom line PayPal has staff from all across Louth and the wider region. “If redundancies are to proceed, this will be a major blow for Dundalk especially. "That formal engagement with staff will commence this week and I requested that staff are provided with full disclosure in terms of how and why the proposal for 307 redundancies has been made and that alternative cost-saving measures must be discussed with staff before the trigger is pulled on redundancies. ![]() These sentiments were echoed by fellow Louth TD, Fergus O’Dowd.Īnother Louth TD, Ged Nash, who is also the Labour spokesperson on Finance and Public Expenditure, said: “Under the law on collective redundancies, their plans should be treated as a proposal and not a final decision as the consultation process with staff has yet to get under way. In a joint statement from the two Sinn Féin TDs in Louth, Imelda Munster and Ruairí Ó Murchú, the politicians said they were “deeply concerned” about PayPal’s commitment to Dundalk. "Consultation with staff will begin this Thursday and I understand all 307 redundancies will be initially sought on a voluntary basis and a good redundancy package will be made available.” The company has assured me that Paypal remains committed to Ireland and the remaining 2,000 staff the company will continue to employ here. "I have spoken with the Paypal leadership team and expressed my disappointment at the decision and the impact it will have on their employees. Minister for Enterprise, Leo Varadkar said that the news comes as a “real shock to the staff working at Paypal’s Dundalk and Blanchardstown offices, their families and communities. PayPal Centre Ballycoolin Business Park Blanchardstown, Dublin 15 on (Image: Gareth Chaney/Collins Photos)
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