Fears grow in Government over further tech job losses
News Source : The Irish Times
News Summary
- More cuts expected as roll-out of artificial intelligence technology takes its toll.
- Industry figures have privately warned Ministers and officials that as many as 80 per cent of tech jobs globally could be lost over the coming decade.
- Social media giant Meta on Wednesday cut up to 350 jobs, about 20% of its Irish workforce, as part of the latest round of job losses.
- Meta, which owns Facebook, Instagram and WhatsApp, is reducing staff numbers globally by 10 per cent – about 8,000 jobs.
There are growing fears in Government that yesterdays greater than expected job losses at tech giant Metas Irish operation could be followed by further cuts in the wider sector.
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