The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62.09 - Other information technology and computer service activities
400 jobs Number of planned job creations
Announcement Date
18 June 2014
Employment effect (start)
18 June 2014
Foreseen end date
31 December 2018
Description
US online payments company PayPal has announced that it will create 400 new jobs at its European Operations Centre in Dundalk. According to the sources the jobs will be in telesales, merchant services, cost solutions and risk operations. These new jobs are in addition to the 1,000 announced in 2012, of which 600 have been filled. The jobs will be filled by 2018. The job expansion is supported by IDA Ireland.
The sources report that PayPal already employs 2,500 in Ireland, of which 1,450 are in Dundalk. The ERM previously reported on restructuring at PayPal in 2011 (A and B) and 2009.
Sources
18 June 2014: Irish Examiner
18 June 2014: The Irish Times
18 June 2014: RTE
Citation
Eurofound (2014), PayPal, Business expansion in Ireland, factsheet number 77195, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77195.
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