'Devastating blow' as over 160 staff set to lose jobs at PayPal's Irish operation
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A PayPal logo seen displayed on a smartphone (Image: Photo Illustration by Mateusz Slodkowski/SOPA Images/LightRocket via Getty Images)) More than 160 staff jobs at PayPal's Irish operation are at risk, it has emerged. Sinn Féin TD Ruairí Ó Murchú confirmed on Monday evening that the payments platform could slash nearly 12 per cent of its Irish workforce. The company employs 1,380 people in Ireland, with up to 164 facing redundancy. It has emerged that staff from PayPal's business support department received an invitation to an online meeting this morning, where they heard that 29 senior agents, three team leaders and one manager would be made redundant. On Monday evening, Deputy Ó Murchú had it confirmed to him by a Paypal spokesperson that there would be a further 131 redundancies in PayPal's Irish operation in addition to the 33 announced in that meeting. The Sinn Féin TD described the news as "devastating". Deputy Ó Murchú said: "This evening, a spokesperson from the company confirmed to me that, in addition to the loss of those initial positions, a further 131 redundancies across a range of departments would be sought, bringing the total to 164 possible redundancies, and it was stated that the proposed cuts to jobs would take place at all levels of the company. This is a devastating blow. "The PayPal spokesperson told me that as part of a strategy announced earlier this...
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