IRELAND: Microsoft cuts Irish workforce; 10,000 jobs will be cut globally

Dublin: Microsoft is cutting 120 jobs from its Irish-based workforce as part of a global cost-cutting plan announced last month. The company employs more than 3,500 people in Ireland in operations, sales, engineering and product development.

High level meetings were held with several companies including large tech firms based in Ireland. Speaking ahead of his visit to the US, Minister for Enterprise, Trade and Employment Simon Coveney said Ireland's tech sector remains strong despite recent redundancies.

Irish-based employees were notified of 120 redundancies. In January, Microsoft announced plans to cut 10,000 jobs globally, which is less than 5% of its total workforce.

At the time, chief executive Satya Nadella said consumers wanted to optimize their digital spending and do a little more, and "should be cautious as some parts of the world are in recession and other parts are expecting a recession".

The tech sector has seen a series of job loss announcements in recent months from companies such as Twitter, Meta, Stripe, Amazon, Intel, Microsoft, Google, Salesforce, PayPal, HubSpot and Dell, and now Microsoft is also announcing layoffs.

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