Explainer: Why layoffs at TikTok and other tech companies could become a real problem for Ireland

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In an increasingly AI-themed tech world, could multinationals start looking away from Ireland when it comes to their long-term business plans?

In an increasingly AI-themed tech world, could multinationals start looking away from Ireland when it comes to their long-term business plans ? So, here we are again. It’s nearly a year to the day since Simon Coveney, the enterprise minister, said Ireland was “over the worst” of the layoffs imposed by Big Tech companies with major operations in Ireland . Then, everyone was worried about the situation facing the country amid a wave of job cuts at Google, Microsoft, Meta, Amazon and dozens more.

Ministers were quick to reassure that what looked like a mass retrenchment was instead ..

Source: News Formal (newsformal.com)

Layoffs Tiktok Tech Companies Ireland Business Plans

 

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