Business Post's View

Editorial: Ominous signs as job losses ahead in global tech downturn

Ireland’s once buoyant and fast-growing tech sector could be set for a difficult winter as firms seek to slash costs

Conor and James McCarthy, Flipdish founders: cutting job numbers to manage the growing headwinds in the tech industry. Picture: Conor McCabe Photography

The downturn in the global tech industry is starting to become very real for Ireland. As we report in the pages of this weekend’s Business Post, a number of tech companies have confirmed significant restructuring plans for their Irish operations, which is likely to result in the loss of hundreds of jobs.

Flipdish, the high-profile start-up, which was valued at more than €1 billion earlier this year, has become the latest Irish tech company to ...