It's understood redundancies will be sought on a voluntary basis.
Just over 300 jobs are being cut at PayPal's Irish operations.
135 jobs will go at PayPal's Blanchardstown office, with a further 172 at its facility in Dundalk, with staff informed this morning.
PayPal says the company won't be seeking voluntary redundancy on this occassion
The Tanaiste says the news will come as a shock to staff working at the company's Dundalk and Blanchardstown offices.
While the company says it's committed to the remaining 2000 staff members in Ireland, Louth TD Ged Nash thinks that should be taken with a pinch of salt:

Criticism Over "Extremely Slow" Psychological Evaluation Of Teenage Girl Charged With Alleged Fatal Assault Of Scarlet Faulkner
Bertie Ahern Stands Over Immigration Comments
RTÉ Includes Derek Mooney In Revised 2024 Top Earning Presenters List
Fresh Appeal For Kyran Durnin, Who Would Have Turned Ten Today
Domestic Abuse Reports Reach All Time High, With Over 1,000 Reports Made Per Week
Impact Of AI On Public Service Work The Focus At Today's Fórsa Conference
Highest Inflation Rate Since January 2024 Recorded As Consumer Prices Rise
48-Hour Planned Strike By Frontline Ambulance Staff Called Off