Tech business Intercom has announced a 13% cut in its global workforce, which will result in 124 job losses across every department and region.
In Ireland, this means 39 roles are at risk of redundancy and 14 roles from the US will be relocated to Dublin.
"This amounts to a 5% reduction of our headcount in Ireland. We still remain fully committed to Ireland and it will remain our hub of innovation," Intercom said in a statement.
The company, which makes customer communication and support software, said it has notified the appropriate government officials and would soon enter into a 30-day consultation period for roles at risk of redundancy this month.
"The reality is that we grew our headcount too fast compared to revenue growth and where the market was headed," the statement read.
"These changes put the company in a strong and healthy position to execute our new, more focused strategy and big plans for the next year and beyond," the company added.
Meanwhile, the New York Times is reporting that Amazon.com is planning to lay off about 10,000 people in corporate and technology jobs starting as soon as this week, citing people with knowledge of the matter.
The cuts will focus on the e-commerce giant's devices unit, which houses voice-assistant Alexa, as well as its retail division and human resources, according to the report, which also said the total number of layoffs remains fluid.
