Tech sector layoffs continue. Globally some 120,000 job losses have been announced. These will have a disproportionate impact on Ireland given the concentration of these jobs in one of our two key export sectors, the importance of these firms to our corporate, income, and consumption taxes, and its impact on our housing sector. Last week’s column urged policymakers and commentators to chill out a little and stop repeating the mistakes of Chicken Little. We are in a correction rather than a decline. The shock is global, not local. Nothing about our local business environment has changed. Markets are repricing their…
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