Irish tech company facing employee unrest after new policy ended support for Pride

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Intercom chief executive Eoghan McCabe told staff the decision not to support Pride outwardly was a ‘tough’ one to make

On this week’s episode of Inside Business with Ciarán Hancock, IDA chief executive Michael Lohan tells us how housing, energy supply and a ready pipeline of new talent are need to keep Foreign Direct Investment flowing into the country. Michael and EY partner Feargal de Freine discuss a new report from EY covering 44 European countries on where Ireland sits in the competition for foreign direct investment.

Mr McCabe also noted a wider trend globally whereby mentions of ERGs and other social issues during public company quarterly calls were declining. He told staff the change in policy was not due to the groups themselves or the people involved in them, but that the company wanted to focus on its work, and it has been a “tough call” to make.

“This is a crazy time for tech. Businesses are under pressure, AI [artificial intelligence] is changing everything,” they said. In a blog post for Pride in 2022, still available to view on the company’s website, Intercom said it was celebrating with the theme “out in the world and bringing people in”.

 

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