The Taoiseach is attending the World Economic Forum in Davos where he is meeting political leaders and the chief executives of US multinationals.
In the Swiss mountain resort, Leo Varadkar has met with Intel CEO Pat Gelsinger and Meta's Nick Clegg, companies with a strong presence in Ireland.
Leo Varadkar said the scale of job losses in Microsoft globally could be in the range of 5-10% and that it was"almost always possible" to achieve those cuts through voluntary redundancies. "It's something we're monitoring very closely...but not something that we're unduly concerned about at this stage.""They're going to reduce employment levels and headcount across the world and Ireland will be affected by that. The company, though, will of course want to talk to its employees first, and it wouldn't be appropriate for me to make any announcements in that regard.
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.
Davos Diary: Microsoft chief gives little impression of a man burdened by job cutsWhat does the future hold for the World Economic Forum without ‘Mr Davos’ Klaus Schwab?
Read more »
Top bosses of multinational firms in Ireland to meet Taoiseach in Davos this weekTaoiseach Leo Varadkar will attend the World Economic Forum’s annual gathering in Davos this week.
Read more »
Taoiseach plans meetings with big tech at DavosTaoiseach Leo Varadkar is attending the World Economic Forum in Davos where he will meet political leaders and the chief executives of US multinationals.
Read more »
Varadkar sidesteps united Ireland question at Davos amid NI protocol talksDavos 2023: Taoiseach said protocol talks at a ‘sensitive point’
Read more »
The 8 at 8: ThursdayStormont deadline looming, Davos Economic Forum and Jacinda Ardern’s resignation.
Read more »