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Tánaiste Leo Varadkar said in a statement that the developments should not be “seen as a major crisis” The cabinet heard that the tech sector is still growing, with Tánaiste Leo Varadkar saying in a statement afterwards that the developments should not be “seen as a major crisis”. The IDA echoed this in a statement to the Oireachtas enterprise committee, stating that Ireland has to remain competitive while also “working to address immediate competitive issues related to the carrying capacity of the economy with regard to housing, energy, water, infrastructure and planning.” It said it would be several weeks before the precise impact of the job losses signalled recently could be ascertained.
In the process of a world wide recession the traitors in Dáil Éireann are trying to destroy farming and what little manufacturing we have left. 90% of TDs and their NGO mates haven't a clue about working outside the public sector.
LeoVaradkar says it isn't a crisis. Given FG's track record on crisis recognition and management, that means it probably is. MichealMartinTD EamonRyan MaryLouMcDonald RoisinShortall CathMurphyTD ivanabacik bridsmithTD rtenews Independent_ie irishexaminer thejournal_ie
There goes our much vaunted Corporation Tax intake.
Tech bubbles seem embedded in the industry in a very tulip like manner .
Swingeing?
Here's an idea. Stop relying on FDI. You bend over backwards, give countless tax breaks etc. They take what they want and then fcuk off.
No it hasn't, its made them belatedly realise how precarious it is to depend on a tiny amount of companies to grow our economy. They essentially destroyed the home economy, Farming, Retail, Hospitality etc. These tech Job losses regretable, folks seem 2 have forgotten, DELL & HP
Large scale tech layoffs have been known about for many months in the industry. I'm sure the government and IDA knew they were coming. Or at least they should have. More evidence of our government putting all its eggs in one basket and failing to prepare for change.
325 job losses at Meta is terrible for the employees, but hardly “swingeing”.
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