FILE PHOTO: The logo of Abbvie pharmaceutical company is seen on their plant in the IDA (Industrial Development Agency) estate, in Carrigtwohill, County Cork, Ireland March 28, 2025. REUTERS/Clodagh Kilcoyne/File Photo
FILE PHOTO: The logo of Abbvie pharmaceutical company is seen on their plant in the IDA (Industrial Development Agency) estate, in Carrigtwohill, County Cork, Ireland March 28, 2025. REUTERS/Clodagh Kilcoyne/File Photo
Home » News » Business & Economy » Irish foreign multinational employment climbs in 2025 despite Trump tariffs
Business & Economy

Irish foreign multinational employment climbs in 2025 despite Trump tariffs

DUBLIN, Dec 18 (Reuters) – The number of people employed by foreign multinational companies in Ireland increased slightly in 2025 despite uncertainty over the impact of U.S. tariffs, the country’s inward investment agency said on Thursday. 

Ireland’s economy relies on the taxes and jobs of foreign multinationals, which have almost doubled their workforce in the last decade to make up around 11% of the labour market.

Video Thumbnail

The number of people directly employed by foreign multinationals increased by 1.5% to 312,400, the agency, known as IDA Ireland, said in its annual results.

U.S. President Donald Trump’s tariffs and efforts to concentrate manufacturing in the United States have yet to have a major impact on Ireland’s decades-old model of attracting jobs from mainly U.S. firms in sectors such as technology and pharmaceuticals.

(Writing by Conor Humphries; editing by Barbara Lewis)

Image

Related posts

Leave a Comment