It also warns that “legacy infrastructural deficits”, especially in the areas of energy, transport and housing, also have “the potential to act as a drag on our economic performance”.
The Accenture announcement brings to just under 2,300 the known redundancies in the Irish tech sector over the past eight months. Companies such as Meta, Microsoft, Twitter and Indeed have previously announced cuts. It adds: “The concentration of Ireland’s exports in a small number of sectors, dominated by multinational enterprises, leaves us vulnerable to broader global shifts, as well as company/sector-specific shocks and decisions.”
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