By depending on so few tech giants, Ireland could become a victim of its success  

As the tech bloodbath continues, Alan Healy looks at the implications for Ireland

The six-year-old Facebook site as viewed in 2010 on a Blackberry — a then dominant but now redundant online device. Seemingly indomitable tech brands and firms may not last forever. Picture: Anthony Devlin/PA

November brought a wave of job cuts and layoff announcements across the global tech sector that has left Ireland trying to guess what the future holds for one of its most valuable sectors.

While the announcements impacted workers directly, leaving hundreds of employees at tech giants such as Meta, Stripe, and Twitter refreshing their inboxes for clarity on what their future held, the cuts have put a renewed focus on what may be an over-reliance on a high-value but volatile source of tax revenue for the State.