Losses also narrow at company which announced additional redundancies last week

Tech unicorn announces second wave of job cuts after letting 49 people go in September

Irish unicorn adds updates to its flagship Messenger product as former chief executive returns to the hot seat

McCabe, who led the company from its founding in 2011 to 2020 before becoming chairman, is returning to take over the hot seat

Company is laying off less than 5 per cent of its employees with 23 jobs to be lost at its Irish operations

Des Traynor, co-founder of the online customer communications platform, said Irish start-ups had ‘hit another level’

Ireland is punching well above its weight in the global technology sector, with companies such as Workhuman and Intercom among those classed as ‘unicorns’ – firms valued at $1 billion or more. And while there are impediments to growth, that number seems set to increase