Irish drinks industry pumps €4.1 billion into economy every year, new report finds
The rest of the world can’t get enough of Irish drinks. Ireland might be famous for its pubs, but it turns out the drinks industry is doing a lot more than keeping the pints flowing. A new report has revealed that the sector contributes a whopping €4.1 billion to the island’s economy every year. The […]
1 day ago
Central Bank job cuts to affect up to 140 employees
The Central Bank confirmed the plans on Wednesday With the regulator launching a voluntary severance scheme to slash €75 million from projected spending by 2030, Central Bank job cuts will affect up to 140 staff, it has been revealed. The Central Bank of Ireland has confirmed plans to cut up to 140 jobs. The move […]
1 week ago
Microsoft redundancy offer hits 60,000 staff
Microsoft eyes voluntary departures as AI spending soars Microsoft is considering buyout packages for around 60,000 employees as it seeks to rein in costs and reorganise its workforce around artificial intelligence. The company had 223,000 staff at the end of June, with its overall headcount changing little since 2022. During that period, Microsoft has significantly […]
2 weeks ago
Jones Engineering turnover set to hit record €1.9bn
Jones Engineering expects another record-breaking year A Dublin engineering company responsible for major projects across the technology and life sciences industries is forecasting its busiest year yet, with Jones Engineering expecting its revenue to exceed €1.9 billion in 2026. The projected figure would mark another significant step up for the business, which has benefited from […]
2 weeks ago
Ryanair Shannon expansion approved by Clare County Council
Start and end dates have been revealed Expansion plans have been approved for Ryanair Shannon, delivering a €50m aircraft maintenance base. Following Clare County Council’s approval for Ryanair’s €50m plan for Shannon Airport, this clears the way for the airline’s largest aircraft maintenance base in Ireland. According to the plan, a Ryanair Engineering Academy for […]
2 weeks ago
AI jobs warning: IMF chief brands automation a tsunami
‘Not a story to celebrate’ The rapid spread of artificial intelligence could make it harder for young people to secure jobs and threaten a key source of government income, the head of the International Monetary Fund (IMF) has warned. As reported by The Irish Times, citing Bloomberg, managing director Kristalina Georgieva raised the alarm at […]
1 month ago