Meta layoffs a significant blow to Irish tech sector

The Meta offices in Dublin. Nearly 500 staff will be made redundant as part of its latest round of layoffs, representing a significant blow to the Irish tech sector.
Facebook-owner Meta announced that nearly 500 staff will be made redundant as part of its latest round of layoffs, representing a significant blow to the Irish tech sector.
The cuts, which will affect approximately 490 full-time employees, casted a dark cloud on an otherwise bright day for Irish workers as new jobs figures showed employment jumped 4.1% in the 12 months to Q1 to reach 2.6m, indicating that Ireland has overall weathered the tech storm.