The Irish human resources tech firm Workhuman is to cut 10pc of its workforce. It currently employs 1,300 people worldwide with about 600 in its Dublin office. Its other major global base is in Boston.
It’s the third major layoffs move in the last week to potentially affect Irish tech employees, with Meta and Amazon both announcing second waves of redundancies amid a tough economic climate.
“A consultation process with potentially impacted employees will commence in the coming days,’ said the company in a statement. “Workhuman will also inform the Minister for Enterprise, Trade, and Employment as part of this process.”
Workhuman was founded by Eric Mosley, from Tallaght. Barry Maloney is a significant investor in the firm. “We’ve made the extremely difficult decision to reduce our global workforce by approximately 10pc of our humans,” said Mr. Mosley in an update today.
“There are many reasons for this reduction. We need to realign our investments with new strategic initiatives and opportunities, we need to balance for growth and profitability, and we need to exercise prudence given the volatile macro environment.”