Sparkling as the Emerald Isle on the world’s economic map, Ireland has oft proved to be a shimmering beacon for multinationals seeking profitable investment avenues. Yet, much to the surprise of many, this economic Eldorado started waning in its allure recently. Packing up desk toys and flipping the open/closed sign for the last time - foreign multinationals in Ireland have begun shedding jobs; an unprecedented event cast against the past decade's narrative.
A cloud of uncertainty drifts over the green pastures of Ireland’s business, as the global entities who’ve been comfortably nested on this isle are beginning to flutter their wings uneasily. Data trickling in reveals that this is no mere drop in an ocean, but a significant touch of turbulence - the first of its kind since the looming shadows of the 2009 financial crisis.
