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Tuesday 6 June 2023 Dublin: 15°C

# PayPal

This year
# tech layoffs
PayPal to close Dundalk office and cut 62 jobs from Irish workforce
The company also said it plans to sell its site in Ballycoolin and find a smaller office in Dublin.
# tech lay offs
PayPal to cut around 2,000 jobs, 7% of its global workforce
PayPal employees around 2,000 people in Ireland and has operations here in Blanchardstown and Dundalk.
Last year
# redundancies
Over 300 jobs to go at PayPal offices in Dundalk and Blanchardstown
135 jobs in Blanchardstown and 172 jobs in Dundalk will be affected.
All time
# Dundalk
Redundancies likely at PayPal's Irish sites as 131 roles to be moved overseas
PayPal has repeatedly stressed its commitment to Ireland, and to its Dundalk and Dublin sites.
# perks and benefits
'Two years is a long time': How PayPal is trying to hold onto company-hopping young staff
Louise Phelan says the payments giant is rolling out the perks for millennials.
# Work
'Two years is a long time': How PayPal is trying to hold onto company-hopping young staff
Louise Phelan says the payments giant is rolling out the perks for millennials.
# dublin and dundalk
PayPal workers to be offered new roles or voluntary redundancy
It’s believed about 60 employees will be affected by the changes.
# lost jobs
"Crying, frustration, devastation" - eBay staff react to announcement of Dundalk closure
It’s anticipated that eBay is to close its operations in its Dundalk facility in the second quarter of 2017.
# Jobs
eBay to close Dundalk operation next year
The decision is being made as PayPal wants to expand its business next year and has asked eBay to leave the facility.
# insights
Your crash course in... The tech billionaire who took down Gawker and is now backing Trump
Peter Thiel’s decision to back Republican nominee could have something to do with ending democracy.
# jobs a comin'
There are 100 new jobs on the way at Paypal in Dublin
The online payments giant is to create the positions at its base in Ballycoolin.
# Cash Money
Fine Gael wants to increase the dole by €27*
*But the payment will be scaled back the longer a person is out of work.
PayPal is trying to reduce the awkwardness of asking friends for money back
Although there are no “firm plans” to bring to Irish users yet.
# Cribs
Take a tour of Elon Musk's $17 million Bel Air mansion
Yo, homes to Bel Air.
# SME focus
SME focus: How we fared in 2014... and the picture for the year ahead
For December’s in-depth coverage of SMEs, we looked back on the year that was and towards the one to come.
# zero to one
SME book club: The joys of building a business monopoly (for making money, that is)
One of the world’s most successful startup investors and part of the brains behind PayPal on why “competition is for losers”.
# splitsville
eBay and PayPal are consciously uncoupling
The online marketplace and payments giant are better apart say their shareholder.
# Baby Steps
PayPal opens its doors (slightly) to bitcoin payments
The company has teamed up with three bitcoin payment processors, allowing sellers to accept bitcoin as payment for digital goods.
# JobBridge
IBM and PayPal criticised for using JobBridge to fill science and tech positions
One ad called for an extra foreign language for a €50 a week position.
# Jobswatch
Good news for Dundalk as PayPal announces 400 more new jobs
PayPal says it is delighted to make a “very positive impact” in the north east by taking “so many unemployed people off the local live register”.
# Changes
PayPal's president moves to Facebook to run its messaging products
The move will see David Marcus will be responsible for Facebook Messenger, but he will not be responsible for WhatsApp.
# oculus rift
The CEO of Facebook-owned Oculus VR will be speaking at this year's Web Summit
Limerick-native Patrick Collison, founder and CEO of payments company Stripe, and the co-founder of Paypal, Max Levichin, will also speak at the event, now known as The Summit.
# currency converter
Stripe goes global by letting users get paid in any currency
The company, founded by Limerick brothers John and Patrick Collison, will allow businesses to accept payments from more than 130 different currencies.
# Instagram
Instagram starts displaying ads
Facebook has moved to start making money from the smartphone photo sharing service it bought in a billion-dollar deal last year.
# Activating Dublin
New scheme launched to help get more businesses trading online
Currently only 23 per cent of Irish SMEs trade online, with three of the four billion that Irish consumers spend online leaving the country.
# Jobswatch
Good news: eBay to create 450 jobs in Dundalk
The new jobs will be in customer services, sales and compliance.
# eBay
Ebay's 4Q performance caps company's best year yet
Revenue for the fourth quarter ending 31 December, 2012 increased 18 per cent to $4 billion, compared to the same time last year.
# Anonymous
British student convicted over Anonymous PayPal hacking
Prosecutors said the assault on PayPal had cost the company €4.3 million in loss of trading as well as updates to fend off similar attacks.
# savita
Amid Savita death concerns, Minister bids to attract Indian students to Ireland
Department of Education and Skills says the week-long mission to India headed up by Junior Minister Ciarán Cannon was planned months in advance of the death of Indian dentist Savita Halappanavar in Galway.
# Web Summit
Dublin Web Summit: Credit and debit cards could become a thing of the past
In the future people will want to be able to make payments directly from their current account using their phone, rather than a card, the Dublin Web Summit heard today.
# Daily Fix
The Daily Fix: Thursday’s evening round-up of all the day’s main news, plus the bits and pieces you may have missed.
# Daily Fix
The Daily Fix: Tuesday
Your nightly news round-up of the day’s biggest stories…
# Jobswatch
PayPal to create 1,000 new jobs in Dundalk
The online payment processing giant is to create 1,000 new jobs by creating a major call centre in Dundalk.
# crackdown
Tech giants join forces to end phishing emails
Google, Facebook, Microsoft, Yahoo, and PayPal are among the companies which have started a tough new approach to stopping scam emails.
# Yahoo!
PayPal president named new Yahoo CEO
Yahoo has been without a permanent CEO for three months.
# Wikileaks
WikiLeaks to suspend publications over severe financial shortage
The whistleblowing website calls a temporary halt to publications, promising legal action against a “blockade” by financial companies.
# Beyond the Grave
Growing numbers of Brits leaving internet passwords in wills
A British survey says people are leaving their internet passwords for their loved ones to use, as lawyers encourage the practice.
# PayPal
PayPal creates 200 jobs in Dublin
Online payments company announces a range of new positions at its Blanchardstown base.
# Daily Fix
The Daily Fix: Wednesday
In today’s fix: Postcodes may be on the way, Ireland’s broadband is up to speed, fun in the sun, and the beach comes to Dublin Castle…