With layoffs announced by multinationals including Meta, Twitter and Amazon, as well as Irish unicorns such as Flipdish, Intercom, Stripe and Wayflyer, we take a step back on this week’s podcast with The Currency’s Chief Economics Writer Stephen Kinsella and Senior Correspondent Thomas Hubert to assess whether the sudden tech slump represents a threat to Ireland’s economic model, or simply a correction of exuberant overconfidence and over-hiring. “The only things that have changed fundamentally are monetary policy, which has changed the expected discounted cash flows of some of these companies, and the wider economic environment,” Stephen says, estimating that affected…
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