Ireland could see job cuts across the board when Facebook owner Meta announces layoffs this morning.
The company, which also owns Instagram and WhatsApp, is reportedly set to cut thousands of positions from its global workforce of 87,000 people.
Some 3,000 staff are employed here in Dublin, Meath and Cork.
Newstalk Technology Correspondent Jess Kelly told Newstalk Breakfast we will know more after 11am.
"The Wall Street Journal reported that late last night, [Meta CEO] Mark Zuckerberg gave a briefing to a number of executives, giving a bit of insight into what is going to happen today," she said.
"He confirmed that there would be job cuts; we understand that it will focus quite significantly on the recruiting and the business teams within Meta.
Facebook CEO Mark Zuckerberg is seen during a company live stream. Image: Sipa USA / Alamy Stock Photo"We're expecting an internal announcement at 11am - and the The Wall Street Journal reports there individual staff members will be informed thereafter if they have been impacted.
"The Journal is also reporting that Zuckerberg claimed responsibility for the downturn - he said that he was over-optimistic about the growth and that has led to over-hiring."
Meta contractors
She said aside from the 3,000 staff here, others could be affected too.
"There's also 6,000 contractors working [here], and this is where I think there could be a bit of a domino effect," she said.
"What we're likely to hear is the impact on the staff; however, as the day progresses we will get insight into whether contracts are not being renewed - therefore other companies may have to lay people off.
"We know that this is happening in the US already.
"For example there are bus companies that offer shuttle buses for the Meta staff in Silicon Valley - because people either weren't returning to the office, or the same number of people weren't working at the company anymore, they have severed that contract."
She added: "It's worth noting this isn't just staff working in Dublin: there are staff in Dublin, in Clonee in Meath and in Cork as well."
