IDA boss warns more tech layoffs likely

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Inside Business podcast: IDA chief Michael Lohan on the challenges facing the State’s inward investment agency

Mr Lohan, who took over as IDA CEO in April, was speaking following the publication of research by EY on the attitudes of FDI investors in 44 European countries. Based on a survey of 150 FDI investors here, it found that more than two-thirds plan to increase their Irish investments in the next year.

“The value proposition in Ireland remains strong for FDI and we’re continuing to see that come through, particularly in high-value sectors . . . like technology, life sciences, and financial services.”

 

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