LIMERICK has lost out in the competition to bring 1000 jobs to the city with online payments firm PayPal, the Limerick Leader has learned.
It is understood that the massive investment will now go to Dundalk instead.
PayPal already employs 1500 people at its European headquarters in Blanchardstown but reports at the weekend suggested the company was about to confirm a new customer support centre away from the west Dublin base. PayPal executives were shown a number of sites in the Limerick region by the IDA last year but locations in Dundalk were also scouted.
And an informed source told the Limerick Leader this Monday that the Mid-West has missed out.
“Limerick was never really in the running and ultimately the choice came down to either Dundalk or Berlin,” the source said.
Dundalk was seen as a more advantageous location as being “practically a part of Greater Dublin” and with a bigger pool of people with language skills critical for the new call centre.