EBay blames PayPal for closure of EU headquarters

Internet auction site eBay has blamed its former sister company, PayPal, for forcing it to shut down its European headquarters in Ireland.

The online auction house is expected to close its International Operations Centre in Dundalk, Co Louth, in spring next year. The company said PayPal, the online payments firm with which it shares the building and which took control of it after both firms split last year, has asked it to leave.

“We can confirm that PayPal has served us notice as tenants of its Dundalk facility. We will begin a formal consultation process with our colleagues in Dundalk and will share any further information with them as a matter of priority,” said an eBay spokesman.