Nash says proposed Paypal closure in Dundalk is a “hammer blow” for workers
1 March 2023
PRESS RELEASE
1.3.23
Nash says proposed Paypal closure in Dundalk is a “hammer blow” for workers
Louth Labour TD, Ged Nash says the announcement of Paypal’s intention to close its Dundalk office, resulting in 27 proposed redundancies at the local office, is a “hammer blow” for its workers and the region’s economy.
The company says it intends to continue to retain over 1,000 of its Dundalk staff but they will have to work remotely. The 27 proposed redundancies in the Dundalk operation, will be compulsory, the company has said.
Deputy Nash, Labour’s spokesperson on Finance, Public Expenditure and Enterprise, said: “Following on from 172 redundancies at the company, last May, the announcement today that the company wants to close its Dundalk offices, with a further 27 proposed redundancies locally and 62 nationally, is a hammer blow for its workers and their families.”
“Workers in the tech industry are feeling vulnerable and this latest news is another indication of a growing employment crisis in the sector.”
Deputy Nash spoke to senior figures in Paypal today and said there must be meaningful engagement with staff on the proposed redundancies.
"Under the law on collective redundancies their plans should be treated as a proposal and not a final decision as the consultation process with staff has yet to get underway.
"That formal engagement with staff will commence this week and I requested that staff are provided with full disclosure in terms of how and why the proposal for these redundancies has been made and that alternative cost saving measures must be discussed with staff before the trigger is pulled on redundancies.
"If redundancies are to proceed this will be a major blow for Dundalk especially.
“Pay Pal has staff from all across Louth and the wider region. Coming hot on the heels of 172 redundancies at the same company, only last May the IDA now need to be clear on what their investment and job replacement strategy is for the county."
ENDS