It has been reported today that staff at eBay's office in Dundalk have been notified that the facility there will be closed in the second quarter of 2017. It is believed 150 jobs will be lost at the company.
The closure follows the separation of eBay Inc and PayPal businesses. The split saw PayPal take over as landlords of the facility in Dundalk, which both companies had been operating from. PayPal then told eBay that it intended to expand its business next year, and asked its tenants to leave so it could occupy the space.
A PayPal spokesperson said, "Following eBay's announcement today, we wish to reaffirm PayPal's commitment to Ireland and our growing Operations Centres in Dundalk and Dublin. Our teams in Dundalk and Dublin play an integral part in our European and Global Operations."
Speaking to RTÉ News, Ms Mitchell O'Connor said she had no inkling that the announcement was coming and said she only got word about it this morning from the IDA and in an email from the Vice President of eBay.
She said it was important to point out the reason eBay are leaving is because PayPal are expanding. She described the staff as very skillful and multilingual and said they would be highly regarded.
Source: www.businessworld.ie