PayPal is to close its Dundalk office on 31 March and make 62 staff redundant in Dundalk and Dublin. The remaining staff in Dundalk will move to remote working.
The company is to sell its site in Ballycoolin in Dublin and move to a smaller, more central location in Dublin. The 62 redundancies announced today represent about 3% of PayPal’s Irish workforce of around 2,100. At least 35 of the layoffs will be in Dublin and 27 jobs are to be cut in Dundalk.
PayPal said that the closure of the Dundalk office will impact a small number of contract workers, who are employed by third parties to manage facilities on site. “Those third parties will be able to provide more specific information, as some of these workers may be redeployed,” PayPal said in a statement.