Thread regarding PayPal layoffs

Ireland updates today

What’s the news?

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| 2091 views | | 13 replies (last March 4, 2023) | Reply
Post ID: @OP+1lq5V54U

13 replies (most recent on top)

Don't read much into building closures. It is actually a good thing and the cost savings of maintaining large physical locations is significant. Reducing the size and number of properties PayPal owns will be a savings that can save some jobs.

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Post ID: @3ovp+1lq5V54U

I don't think anyone thinks there won't be more redundancies coming our way, Elliott management are calling the shots on the cost saving measures and until paypal starts giving a return on their investment there will continue to be cuts. There's too much hiring going on through outsource in countries such as India for more cuts not to be coming, it's a matter of time.

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Post ID: @1iqh+1lq5V54U

Isn't April the next quarter?

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Post ID: @1pgq+1lq5V54U

More to come at the end of April? Where did you get this information?
Because from what have been told today and yesterday it seems over for this quarter, any source or is it only speculation ?

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Post ID: @1zbo+1lq5V54U

End of April? Any more info on this?

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Post ID: @isu+1lq5V54U

It is fact if it wasn’t announced yet it will be soon.
Leaving Ireland
Will have an address for legal only
Also more to come at end of April

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Post ID: @snx+1lq5V54U

More details in this article.

https://www.dundalkdemocrat.ie/news/local-news/1049576/paypal-to-cut-27-jobs-in-dundalk-and-close-office-in-town.html

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Post ID: @nll+1lq5V54U

https://www.rte.ie/news/ireland/2023/0301/1359653-paypal-dundalk/#:~:text=PayPal%20is%20to%20close%20its,more%20central%20location%20in%20Dublin.

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Post ID: @rrv+1lq5V54U

Give us facts not rumours please, thank you.

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Post ID: @vpw+1lq5V54U

https://m.independent.ie/business/paypal-to-sell-offices-in-dublin-and-dundalk-and-cut-62-jobs-42365274.html

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Post ID: @jbw+1lq5V54U

BS - Dublin office will be relocated within Dublin.

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Post ID: @bgi+1lq5V54U

Leaving Ireland no more physical presence
Dundalk is closing end of March
Dublin is for sale

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Post ID: @blw+1lq5V54U

Dundalk site closure announced, no date yet. Rumours of more meetings to come and 300 between Dundalk and Dublin going.

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Post ID: @gwo+1lq5V54U

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