Around 100 redundancies will be at its international headquarters in Dublin.
It means around 7pc of the company’s 1,500 staff in the capital will be impacted.
The planned 150 job cuts are in people and culture, finance and procurement.
The move is connected to a decision to outsource some of its support activities to a third party.
It is understood the third party is Accenture in Mumbai.
Today’s News in 90 Seconds – June 25th
As is required by law, the Minister for Enterprise Peter Burke and Alan Dillon, Minister of State for Small Business and Retail, have been notified of the company’s collective redundancy plan.
Minister Dara Calleary said: “Following the announcement from Primark, my immediate thoughts are with the workers and their families who are dealing with this difficult news. Our priority now is to ensure that those affected employees will receive access to all necessary supports without delay.
“My Department will be in contact with the company to offer information on all of our income and employment supports that are available to assist these employees over the coming months.
“A team from the Department will be made available to meet with the workforce to ensure prompt access to income supports and to support them into alternative employment, or to access appropriate education, training and development options.
“The new Jobseeker’s Pay-Related Benefit, which I introduced in March, is available to those who lose their job and meet the eligibility conditions. This scheme provides a maximum weekly payment of €450 which will help people during this period of uncertainty while they seek new employment.
“Anyone affected should note that the easiest and quickest way to apply for a jobseeker’s payment is online at MyWelfare.ie, which provides safe, convenient online access to social welfare services.”
A Primark spokesperson said: “As we continue to grow internationally, we need to evolve our operating model to best support this ambition.
“We’re exploring how resourcing via external partners could help support our operations so that we can focus our own resources on what we do best.
“As part of this, we are now proposing that a number of support function activities move to a third party and we are beginning a collective consultation.
“This unfortunately will impact a number of Primark colleagues primarily in our head office operations.
“While this is all about setting us up for future success and continuing to offer great products at great prices to our customers, these are not decisions we take lightly.
“We understand how difficult this news is for those colleagues affected and we’ll be working to support them as best we can.”
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