Ireland had 'by far' the highest tech lay offs in EU, Eurofound confirms
The IT sector accounted for about 5% of the total European workforce in 2022, but reaches over 8% in Ireland, according to Eurofound. Picture: AP Photo/Jeff Chiu
Ireland has been "by far" the biggest casualty when it comes to the tech giants laying off staff, with 40% of the redundancies in the EU over the past three years.
An analysis by the Dublin-based EU agency Eurofound, or the European Foundation for the Improvement of Living and Working Conditions, examined worldwide job cuts at Facebook parent Meta, Amazon, Salesforce, Microsoft, and Google.
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