PayPal redundancies offered as part of company restructuring

May 1, 2017

PayPal is expected to make a number of redundancies at its Dundalk site. Around 100 staff were notified of a restructuring of the company at a meeting which took place on Thursday last.  Some of those affected will be offered new roles while it is understood that around 60 staff will be expected to take voluntary redundancy.

The news of the redundancies has come as a blow, particularly as the online payments business had been expected to expand their workforce at the Xerox Technology Park, which currently employs around 1200 staff.

PayPal’s former sister company, eBay, is closing its Dundalk premises with a number of staff there having already finished up as it winds down its local operation.

Despite the redundancies, PayPal insists it is committed to expanding its operations centre in Dundalk with a spokesperson for the company advising that all those affected by the restructuring have been offered new roles in the business.  As some of the roles include night shift work, voluntary redundancies have been offered to those for which night shift is unsuitable.

“Our Operations Centres in Dundalk and Dublin play an integral part in our business, managing all direct customer contact for PayPal across Europe, the Middle East and Africa,” said the PayPal representative.

“As the needs of our customers are changing, so must the focus of our teams. We will be making some organisational changes to ensure we concentrate our efforts on giving our customers the best possible experience. This will reduce the need for work in some areas of the business, but in other areas the team will be growing. We are not reducing the overall size of our team in Ireland.

“We want all our teammates to stay with us, and everyone affected by this change will be offered a different role at PayPal. We will also be providing an option of voluntary redundancy.

“PayPal continues to invest in Ireland as a key strategic hub that supports our business.”