Job losses are to hit 307 worried PayPal workers with the company set this week to identify those who will lose employment.
PayPal revealed that 307 jobs will go at its bases in Dublin and Dundalk and that consultations will “start this week” with the “affected workers”.
The global company did not comment on workers’ claims that the jobs are being relocated to Bangalore in India.
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It is the second time in a year that the online payments firm has announced job losses in Ireland.
Some 131 job losses were announced at the Dublin and Dundalk sites in April 2021 – meaning 438 PayPal job losses here in the last 13 months.
In the latest round of swingeing cuts, there will be 135 losses in Dublin and 172 in Dundalk.
Some politicians branded the losses “bad news” and urged the American corporation to protect the remaining workers’ jobs.
A PayPal spokesperson said: “We have spoken with our workers and are proposing to remove a selection of roles at our two sites in Ireland, which are in Dublin and Dundalk.
“The figure for the whole of Ireland is 307, with 135 in Dublin and 172 in Dundalk.
“Consultations will start this week with affected workers. We can’t comment on the relocations.”
No terms were disclosed and he added that PayPal remains “committed to Ireland with over 2,000 employees here”.
It was 13 months ago that the US company revealed a plan to relocate 131 jobs to other locations around the world.
Impacted workers at that time were offered redundancy packages or told to apply for other jobs within the company.
Before the 438 recent job losses, PayPal employed 2,800 people in Ireland.
PayPal began its Irish operations in 2003 and invested €15m in its European Centre of Excellence in Blanchardstown, Co Dublin, in 2009.
Up to 1,000 jobs were unveiled at its International Operations Centre in Dundalk in 2012, with a further 400 more created in 2014.
In 2016, another 100 new jobs were announced for Dublin.
A spokesperson for Sinn Fein’s Paul Donnelly, who is a TD for Dublin West, said: “This will affect staff at the PayPal operation in Ballycoolin Business Park in Blanchardstown.
“Tanaiste Leo Varadkar, the Minister for Enterprise, Trade and Employment, must work with the affected staff to oversee that this process is voluntary and the workers affected receive their full entitlements and provide offers of income support and options of further education and training.
“PayPal is an extremely wealthy and profitable company and must at all cost protect their staff and their workers' families who rely on their income.
“This is bad news for Dublin 15. The deputy has committed to making representation to PayPal and the Government to ensure the remaining jobs at Ballycoolin are protected.”
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