Irish foreign multinational employment climbs in 2025 despite Trump tariffs

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December 18, 2025 5:54 AM EST

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

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.

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)


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