The technology giant, IBM, is unlikely to force compulsory redundancies on its 3,700 Irish workers despite the firm's announcement this morning that it is to cut 13,000 jobs worldwide.
A spokesman for the IDA told RTÉ News that IBM’s global restructuring would ‘not have significant implications’ for the Irish workforce.
IBM will be making changes at is plant in Mulhuddart, Co Dublin, which tests computer chips, but it is understood that workers will be offered redeployment within the group.
Staff who decide to leave the company, which is one of the largest multinational employers in the country, will be offered voluntary redundancy.
Last month, IBM warned that job cuts were coming following a bombshell earnings shortfall it blamed on disappointing profits and sales in Japan, Germany, France and Italy, as well as its inability to close deals near the end of the quarter.
IBM, which has its headquarters in Armonk, New York, employs 329,000 staff worldwide, according to the latest figures available from December 2004.
About 100,000 of those jobs are located in Europe, where most of the job losses will hit.