The envy of many countries, Ireland's tech sector enters an uncertain future

Twitter, Stripe, and Intel have all made stark announcements about significant job cuts recently
The envy of many countries, Ireland's tech sector enters an uncertain future

Elon Musk is expected to cut nearly 4,000 Twitter jobs.

Ireland has become a holy grail for multinationals over the years, particularly those in the tech sector, due to its close proximity to the rest of Europe and its low corporation tax rate of 12.5%, one of the lowest on the continent. 

However, the country is now bracing itself for the fallout of various cutbacks that companies are making due to growing economic pressures.

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