Type
Offshoring/Delocalisation
Country
Ireland
Region
Southern and Eastern; Mid-East;
Location of affected unit(s)
Dublin; Dundalk
Sector
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62.09 - Other information technology and computer service activities
New offshoring locations
Uknown

131 jobs
Number of planned job losses
Job loss
Announcement Date
14 April 2021
Employment effect (start)
14 April 2021
Foreseen end date

Description

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


Sources

Citation

Eurofound (2021), PayPal, Offshoring/Delocalisation in Ireland, factsheet number 104726, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/104726.