Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
PayPal, an American payments firm, announced a planned cut of 164 roles in its Irish operation. The reduction targets employees across the country, with redundancies scheduled to take place between 7 and 21 October 2026.
The move is part of a multi-year transformation aimed at simplifying global operations, strengthening execution, and positioning the company for long-term growth. Cuts will be implemented through collective redundancies.
PayPal’s Irish workforce totals around 1,400 employees.
Meanwhile the company announced 100 new jobs in Ireland in 2025 Paypal 2025 - IE.
Eurofound (2026), PayPal, Internal restructuring in Ireland, factsheet number 300986, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300986.
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