New IDA jobs in first half of 2024 down 26% on last year

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New IDA jobs in first half of 2024 down 26% on last year
BusinessIDA IrelandMichael Lohan
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The number of investments into Ireland by foreign multinational companies fell in the first six months of the year.

Mid-year results published by inward investment agency IDA Ireland show that between January and the end of June, there were 131 investments secured, down from 139 over the same period a year ago.

As a result, the figures published today do not take account of any role cuts announced by foreign firms here over the last six months. "Against the backdrop of an intensely competitive global environment and the proliferation of industrial policies, it is imperative that IDA Ireland continues to attract and win new investments whilst at the same time continuing to support existing clients in their investment endeavours across the twin transition of sustainability and digitalisation," the CEO added.

"Ireland continues to be recognised as a highly stable and attractive location for global investment," said Minister for Enterprise Peter Burke.

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