Number of tech workers falls by almost 5,000

A wave of layoffs announced by multinational firms

The overall number of workers continues to grow.

The number of tech workers in Ireland has fallen by almost 5,000 in the past year, highlighting the impact of a wave of job cuts by multinational firms.

New payroll data from the Central Statistics Office (CSO) for October shows the information and communication sector recorded a 3.7% drop in workers to 120,700 compared to 125,300 working in the sector in October 2022. It was one of only two sectors to record a fall, with all other sectors recording an increase in workers.