EMCC European Monitoring Centre on Change

PayPal

Company/Organisation:
PayPal

Geographic Location

Country: Ireland
Region: Mid-East; Southern and Eastern
Location of affected unit(s): Dublin; Dundalk

Company

Sector: Information / communication
IT and other information services
62.09 - Other information technology and computer service activities
Number Employed: 2800

Employment Effects

Announcement Date: 14-04-2021
Planned Job Reductions min: 131
Type of Restructuring: Offshoring/Delocalisation
Employment Effect Start: 14-04-2021
Other Job Reduction Measures: 131

Additional Information

Online payments system PayPal will relocate 131 roles from Ireland to other countries following a review of its operational needs. The roles impacted are mainly in the company's operational teams, with 72 jobs in Dundalk and 59 in Dublin. The affected staff have been informed of the plan. 

The company is offering voluntary redundancy, with enhanced redundancy and support packages, it said in a statement. The company also pointed out that the decision would be subject to consultation. If the change proceeds, the company will have some 2,700 employees in its Irish sites. 

For previous restructuring events, see PayPal-DE-2019PayPal-IE-2016PayPal-IE-2014PayPal-IE-201108PayPal-IE-201102, and PayPal-IE-2009

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