Business & Finance

Auction site eBay to close European HQ after being asked to leave by PayPal

Can you believe this

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Ebay.com bought on-line repayments solid PayPal in 2002 but the companions were split in July in 2015

Net gigantic ebay.com is shutting its European head office in Ireland after its previous sister business PayPal asked it to leave.

The on the internet public auction house is anticipated to shut the 150-staff International Operations Centre in Dundalk, Co Louth, in springtime following year.

The business said PayPal, with which it shares the structure as well as that took control of it after both companies split last year, has actually asked it to vacate the building.

” We can validate that PayPal has offered us discover as occupants of its Dundalk center,” an ebay.com spokesman said.

” We will begin an official assessment procedure with our colleagues in Dundalk and also will discuss any further information with them as a matter of top priority.”

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