PayPal to cut up to 85 Irish jobs in second round of layoffs this year

Latest layoffs are in addition to the more than 200 jobs put at risk earlier this year 

In February, the payments giant announced it would cut more than 200 jobs across its Irish workforce as part of wider plan to reduce its global headcount. (Photo by Justin Sullivan/Getty Images)

PayPal has announced it will cut up to 85 more jobs from its Irish workforce.

The company's 1,600 Irish employees were informed on Tuesday of the cuts, however, PayPal added that the proposed changes are subject to consultation and no redundancies will take effect until after a consultation process has concluded.