Digital payment service PayPal is the latest tech company to suffer a wave of job cuts, as its Dundalk office announces its closure and the loss of 62 jobs.
RTÉ has reported that the 62 jobs, comprising 3 per cent of PayPal's Irish workforce, will include 35 Dublin lay-offs and 27 in Dundalk.
The Louth-based office will shut from the end of March, with the remaining staff - totaling 1,000 - being asked to move to remote work.