PayPal has confirmed that it is seeking to cut a total of 307 jobs from its Irish operations in Dundalk and Dublin.
PayPal said in a statement, “PayPal is proposing to remove a selection of roles at its sites in Dublin and Dundalk following a review of its operational needs.”
“We are proposing a reduction of 307 roles in Ireland: 135 roles in Dublin, 172 roles in Dundalk.”
“PayPal is committed to ensuring that colleagues who leave under the proposed changes are treated fairly and generously. We are offering enhanced redundancy and support packages to help them as they move to the next step in their careers”
Responding this afternoon, Tánaiste and Minister for Employment Leo Varadkar said the news “will come as a real shock to the staff working at Paypal’s Dundalk and Blanchardstown offices, their families and communities.”
“I have spoken with the Paypal leadership team and expressed my disappointment at the decision and the impact it will have on their employees. The company has assured me that Paypal remains committed to Ireland and the remaining 2,000 staff the company will continue to employ here,” he said.
“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.”
Mr Varadkar added that the Government will make all necessary State assistance available to impacted workers, “to help them find new employment, education and training opportunities as soon as possible.”