Tech job cuts having ‘no visible impact’ on Irish labour market 

Almost a year after Russia's invasion of Ukraine, the EU economy entered 2023 on a better footing than projected in autumn.

The Irish economy grew by 12.2% last year almost double Portugal's growth which was in second place.

Ireland's labour market has not been impacted by a series of job cuts announced by tech firms, new analysis from the European Commission states.

The Commission's Winter interim Forecast said Ireland will top EU GDP growth for 2023 and 2024 according to the economic forecast. It says the Irish labour market remains resilient despite a series of layoff announcements from large multinationals such as Twitter, Meta, Google and Microsoft.