Irish tech job losses a boon for life sciences’ firms

The life sciences sector, which includes chemicals and medical devices companies, currently employs at about 16 per cent of all workers under the remit of state agency companies in Ireland

Medtech and biopharma companies employ more than 70,000 people in Ireland

As layoffs cut across tech companies, Ireland’s booming pharma and medical technology sector is eyeing talent released from firms such as Google and Meta Platforms as part of a broader push to accelerate its own plans for digitisation.

For these life science firms, “the tech downturn is definitely an opportunity,” said Gareth Fleming, managing director at the employment agency Brightwater Recruitment. A quarter of laid-off candidates who registered with Brightwater in the last three months ...