Multinational companies such as Meta and Amazon have cut 17,857 jobs in Ireland due to a downturn in the global tech sector. IDA Ireland client companies experienced a decrease in employment for the first time in 10 years. Despite this, new job additions decreased by 48% compared to the previous year.
Multinationals cut 17,857 jobs in Ireland as the global tech sector experiences a downturn. IDA Ireland client companies saw a decrease in employment for the first time in 10 years. Despite this, client firms added 16,843 new jobs in 2023, down 48% from the previous year.
Overall, IDA client companies employed 1,014 fewer people compared to the previous year.
IDA Job Cuts Multinationals Ireland Tech Sector Employment Downturn
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