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Home > Irish Times Inside Business > What the most recent tech cuts and bank runs could mean for Ireland
Podcast: Irish Times Inside Business
Episode:

What the most recent tech cuts and bank runs could mean for Ireland
Category: Business
Duration: 00:31:46
Publish Date: 2023-03-22 16:34:41
Description: With Amazon announcing a further 9,000 jobs job cuts this week, and Workhuman’s plans to reduce its global workforce by 10%, it could be many weeks or even months before we learn how many Irish roles are affected. Business and technology journalist, Ciara O’Brien, analyses the latest retrenchment in the tech sector. Business reporter, Ian Curran, examines the potential risk of contagion following the bailout of Credit Suisse and the collapse of Silvergate, Silicon Valley Bank and Signature Bank in the US. Markets have reacted well to the Swiss deal but the wiping out of AT1 bonds, a key source of funding for Irish banks, could have implications here. Presented by Laura Slattery

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