PayPal announces 62 job losses and closure of its Dundalk offices

It is proposed that 35 jobs will be cut from the Dublin offices and 27 from Dundalk.

PayPal's offices in Blanchardstown, Dublin. 

PayPal has announced that it will be cutting 62 jobs from its Irish operations as part of the company's aim to reduce its global workforce by 7%. 

The company also said that it plans to close its Dundalk offices at the end of March with staff attached to the office continuing to work remotely. PayPal employs over 2,000 staff here in Ireland with the staff split approximately 50/50 between its offices in Dundalk and Dublin.