Meta

Fears are growing for more Irish tech jobs with reports that Facebook's parent company, Meta, is planning to embark on a major round of job cuts in the ...

Workers at the company in Dublin have been emailed that job losses will be occurring, but they are no clearer as to who, or when, these will take place. At that time he said: “In 2023, we’re going to focus our investments on a small number of high-priority growth areas. She added: “The volatility in the tech sector over the past number of days and weeks further reinforces the need for all workers to join, and be active, in their trade union. The latest worrying job news follows Twitter’s decision last Friday to axe half its global workforce. "We’ve done this before so we shouldn’t panic about this. The IDA is now expected to appear before TDs and senators to answer questions on job losses and volatility in the tech sector. “As one of the most significant technology sectors in Europe, these reports are a worrying development for tech workers in Ireland,” she said. “I’ve been concerned for some time in terms of the global economic situation because of the war in Ukraine and the implications across the board, across Europe and the world,” he said. The Taoiseach said the Government would be talking to all of the companies and to IDA Ireland, the stage agency tasked with attracting foreign companies. Meta, the parent company of Facebook and Instagram, is considered to be one of the four most important, large-scale tech multinationals in Ireland, alongside Google, Apple and Intel. However, it is feared that the move by Meta could be the largest in the recent spate of tech job cuts. Staff have been told no decisions will be made on redundancies until the end of the statutory consultation period and that they will continue to be paid during that time.