Fears are growing for more Irish tech jobs with reports that Facebook’s parent company, Meta, is planning to embark on a major round of job cuts in the coming days.
Meta employs 6,000 people in Ireland, half of whom are staff.
However, speaking at the Cop27 climate summit in Egypt on Monday, Taoiseach Micheál Martin urged: “Don’t panic.”
After thousands of Twitter staff were informed last Friday that their jobs were gone and locked them out of their systems, the US-based multinational today told Irish staff it would comply with local laws on redundancies, RTÉ reported.
Twitter told Irish staff whose jobs are at risk of redundancy it intends to comply with its statutory requirements to inform the Minister for Enterprise, Trade and Employment about matters to do with its plans to reduce its workforce, the broadcaster said.
The company has also told employees they do not have to work during the 30-day consultation period required by law but has asked that they do not come into the office.
Staff have been told no decisions will be made on redundancies until the end of the statutory consultation period and that they will continue to be paid during that time.
Meanwhile, the IDA, the body responsible for attracting multinational jobs to Ireland, is likely to be invited to answer questions from TDs and senators on what is becoming known as the ‘tech-wreck’ situation.
The latest worrying job news follows Twitter’s decision last Friday to axe half its global workforce. Meanwhile...
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