Tech companies expanded ‘a little too quickly’, Varadkar says

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It has emerged that Twitter is to let a significant number of staff go, reported to be as high as half its workforce

Image: PA TECH COMPANIES MAY have expanded “a little bit too quickly”, Tánaiste Leo Varadkar has said after two tech giants announced significant layoffs.

“Tech companies expanded very quickly, probably expanded a little bit too quickly in the past year or two, and as a result they now have to lay off some staff,” the enterprise minister told CNBC. Staff have also been told that everyone will receive an email by 4pm this evening telling them if their job is safe or not.“We do have operations here in Ireland and I’d say it is a very concerning day. My understanding is that emails will be received this evening and certainly Twitter appear to have signaled a very significant reduction,” he said.

Labour party spokesperson on workers’ rights, Marie Sherlock, said the way in which Twitter was informing people about whether their jobs were safe was “outrageous”.

 

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Leo the master of describing the bolting horse one field over

No they just hire in short contracts and fire when convenient for the business That's Capitalism...... No need for Faux excuses

😂love it, can you guys afford the $8 a month?

Good. Learn to code you authoritarian scumbags!

Go woke…….go broke!

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