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The loss of Paypal jobs shouldn’t come as a surprise as dark clouds gather for the tech sector

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US payments company PayPal said it was repositioning itself for the next phase of growth as it announced plans to cut 307 jobs in Ireland. Usually, repositioning for future growth is just PR lingo for cost cutting.

The announcement was disappointing for staff and their families in both Dundalk and Dublin, where PayPal has significant operations. But it probably didn’t come as a surprise.

https://www.independent.ie/business/paypal-job-losses-should-not-surprise-as-dark-clouds-gather-for-tech-sector-41690029.html The loss of Paypal jobs shouldn’t come as a surprise as dark clouds gather for the tech sector

Fry Electronics Team

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