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IBM to spend $10bn on quantum over five years EU fines Temu €200m for failing to prevent the sale of illegal products Europe rates highly with Dealroom for tech ecosystem density Cork employee experience firm Poppulo bags France’s Sociabble Dropbox founder Drew Houston steps down after 19 years at helm Micron, SK Hynix hit $1trn valuation amid AI chip demand Netherlands blocks Kyndryl’s Solvinity acquisition Opinion: AI transforming how tenders are written but not how they're evaluated Report: Google to receive highest DMA fine over its Search practices Bloomberg: Prosus asks EU to drop forced sale of Delivery Hero stake Cork’s Republic of Work to launch Celtic Link with partner CodeBase Kyran O’Mahoney on the accessibility gap and a new AI tool to solve it WhatsApp ads could make Irish debut after discussions with DPC SpaceX files publicly for what could be largest IPO in history Nvidia posts record $81.6bn Q1 amid AI infrastructure boom Expedia acquires Dublin’s CarTrawler to expand B2B offerings AIB, Bank of Ireland join group pushing for euro stablecoin Roughly 350 Irish employees reportedly impacted by global cuts at Meta Analog Devices buys Empower Semiconductor in $1.5bn deal Samsung strike talks collapse with chip supply chains in the balance Google launches 'biggest' Search revamp in 25 years with Gemini ‘It’s funny, I went from admiring tech companies to helping found one myself’ Irish business leaders more likely than European peers to value empathy in AI Meta reportedly reassigns 7,000 jobs ahead of mass layoffs Samsung strike talks closing as global chip supply chains at risk France's Publicis bags LiveRamp for $2.2bn in agentic push Can EU AI Act actually regulate models like Mythos? 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Oracle reportedly cutting up to 150 Irish jobs
Tim Barnwell · 2026-04-30 · via Business – Silicon Republic

The Irish Times reported that cuts would begin ‘in the summer’ and could affect a wide array of role types.

Up to 150 Ireland-based jobs are at risk at US software giant Oracle, amounting to a 16pc reduction of its approximately 900-strong Irish workforce.

As first reported by The Irish Times, Oracle is thought to have begun yesterday (29 April) the required statutory period of consultation with impacted staff following delivery of a notice of collective redundancies to the Department of Enterprise.

The Irish Times wrote that the cuts would begin “in the summer” and could affect an array of roles encompassing engineering and technical, sales, consulting, finance, and administration.

SiliconRepublic.com has contacted Oracle for comment regarding this development.

In early March, reports emerged of Oracle’s intention to cut thousands of jobs globally to funnel funds into its major AI data centre expansion efforts. On the last day of the month, employees reportedly began receiving email notice of their redundancies.

Last September, the company revealed plans for its largest-ever restructuring, set to cost up to $1.6bn. At the time, Oracle’s Irish arm sent a collective redundancy notification to the Government.

Oracle, which employs around 162,000 globally, is one of the world’s largest cloud operators, having cemented itself as a leading AI infrastructure provider to major cloud users such as OpenAI.

In March, an analysis from Forrester’s vice-president and principal analyst JP Gownder said: “It’s crucial to distinguish between laying off staff in order to make investments elsewhere – something that has been done since the dawn of capitalism – and AI replacing jobs directly.

“With Oracle, there are financial pressures to lay off staff. The company’s stock has fallen by more than 50pc since Q3 2025. The company is also making a play for future AI-related services revenues.”

Earlier this week, Meta contractor Covalen put around 700 Irish jobs at risk. The company, which employs around 2,500 and has sites in Dublin and Limerick, said it was in consultation in relation to “potential redundancies within its Dublin operations” and was “engaging directly and proactively” to support the affected teams.

Last week, Meta itself announced plans to cut 8,000 jobs, or 10pc of its headcount, as it reportedly seeks to mitigate the costs of heavy AI spending.

Several Big Tech companies have been making layoffs in response to and accommodation of AI. In recent months, Block has cut 4,000 jobs; Amazon, 30,000; and Atlassian, 10pc of its workforce.

According to the tracking site Layoffs.fyi, around 90,000 tech employees have been laid off in 2026 so far.

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