Facebook parent company Meta will begin laying off employees today, according to a report in the Wall Street Journal.
It is not yet known how the company’s Irish workforce will be impacted.
Around 3,000 people are directly employed by Meta in Ireland and an additional 6,000 people support its operations here.
According to the Wall Street Journal, an internal announcement of Meta’s layoff plans is expected around 11am Irish time this morning.
It is not yet known how the cuts will impact the company’s Irish workforce – Meta directly employs 3,000 people in Ireland with an additional 6,000 people supporting its operations here
Meta Chief Executive Mark Zuckerberg was said to be downcast at a meeting of executives last night and told them he was accountable for the company’s missteps that had led to overstaffing.
Speaking on RTÉ’s Prime Time last night, Tánaiste Leo Varadkar said that he is not “unduly concerned” about by the prospect of widespread lay offs in the tech sector, and that while he did not want to downplay the seriousness of anyone losing their job, he believes that Ireland has a very well diversified economy.
“We anticipate that we’re going to see a downsizing.”
Tánaiste @LeoVaradkar reacts to job losses at Twitter, and what a contraction in the tech sector could mean for Ireland.#rtept pic.twitter.com/QK9LOpLZHu
— RTÉ Prime Time (@RTE_PrimeTime) November 8, 2022
Impact in Ireland unknown as Meta job losses expected
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