Mobile Phone operator 02 (www.02.ie) has plans to ask for up to 100 voluntary redundancies from their staff in Dublin. This should bring the staff numbers to just under 18 thousand in Ireland (and estimated 5.5% reduction). This move comes quickly after Vodafone had announced plans to leave 80 staff go earlier this week.
So more and more international companies are tightening their belts in Ireland and probably looking towards the new emerging EU countries (like Hungary, Poland etc.) with a cheaper labor cost and cheaper operating costs. While still holding on to the favorable trading agreements in Ireland