Ireland is 'over the worst' of the announcements in relation to job cuts at big multi-national tech firms with bases in this country, according to to Minister for Employment Simon Coveney
IRELAND IS “OVER the worst” of the announcements in relation to job cuts at big multi-national tech firms with bases in this country, according to to Minister for Employment Simon Coveney.
“In fact the 14 or 15 companies that I met have a combined employment number in Ireland of about 25,000 people. So it was a good cross section of the big players here in Ireland,” he said. “They find fantastic skills here. They want to grow and expand here but of course when they are making global adjustments on the basis of too much growth in many ways last year and the year before,” he said.
“If you take any one of a number of examples of international companies that have added 20,000-30,000 jobs in the last 12 months and they are now taking back ten or twelve thousand of those that is a trend across multiple companies big and small.” Coveney stressed that the biggest tech company, Apple, has not made any cuts to its staffing levels in Ireland and is instead planning to increase its workforce in this company.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coveney: 'We're over the worst' of tech job cutsThe Minister for Enterprise, Trade and Employment has said he believes Ireland is 'over the worst' in terms of multinational tech companies announcing jobs cuts here.
Read more »
Coveney: 'We're over the worst' of tech job cutsThe Minister for Enterprise, Trade and Employment has said he believes Ireland is 'over the worst' in terms of multinational tech companies announcing jobs cuts here.
Read more »
McErlean starts at fullback as Ireland U20s bid to continue winning streakOver 7,000 tickets have already been sold for Friday evening’s game in Musgrave Park.
Read more »
Ex-Ireland assistant Barry takes up coaching role with Portugal national teamBarry will continue to work with Roberto Martinez.
Read more »
Six Nations 2023: Ireland set for unchanged 23 ahead of France clashFabien Galthié expected to name unchanged starting XV with a number of changes on the bench for visitors
Read more »
Doubts over Sheehan and Murray as Ireland get set to name teamAndy Farrell could be forced into changes for his side's Six Nations showdown with France:
Read more »