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FinancialsSeptember 2, 2026

PayPal Cuts Up to 164 Jobs in Ireland — Financials Sector

PayPal announced proposed redundancies affecting up to 164 roles in Ireland, initiating formal consultations under Irish employment law.

Companies in this storyPayPal Holdings, Inc.

PayPal Announces Proposed Redundancies in Ireland

PayPal Holdings, Inc. has notified Irish authorities of proposed redundancies that could affect 164 employees, according to reports from Silicon Republic, dublinlive.ie, and RTE.ie. The company initiated a formal consultation process under Irish employment law and began notifying relevant authorities and employee representatives, per those reports.

Reported layoffs

The notification pertains to PayPal’s Irish operations and covers up to 164 roles. The company described the move as part of a restructuring of its local operations, and the reports state that exact timing and the specific functions or job titles to be impacted have not been specified. The consultation and selection process is ongoing, according to the coverage by Silicon Republic, dublinlive.ie, and RTE.ie.

Location and timing

The proposed job cuts are centered in Ireland. While PayPal initiated the statutory consultation process and informed authorities, the reports do not provide definitive dates for when any redundancies would take effect.

In total, this filing represents 164 positions at risk in the Financials sector during the September 1–2, 2026 reporting window.

Closing

Per the cited reports, PayPal’s formal notifications and consultations remain underway, with details on affected roles and timing to be determined through the statutory process.

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