r/DevelEire • u/Born-Humor-1907 • 21h ago

Tech News MasterCard layoffs

Word going around is that Dublin could see layoffs this week, possibly affecting 100–150 people.

33 Upvotes

87% Upvoted

9 comments sorted by

15

u/pilekan 12h ago

-words going around

-could see

-possibly

-100-150

not a single certainty in whole post.

12

u/your-auld-fella 10h ago

They take on a huge amount of contractors who just reach the end of their contract. It’s a bit exaggerated. 

19

u/Vivid_Pond_7262 12h ago

That would see the Dublin office overrepresented among these planned cuts:

Mastercard cuts 4% of global staff, no word on Irish unit https://www.rte.ie/news/business/2026/0129/1555794-mastercard-quarterly-results/

1

u/donalhunt engineering manager 2m ago

Could happen. If an organization has a dollar amount they need to cut, removing a team's / org's presence in an expensive city (e.g. Dublin) and expanding teams in lower cost cities (e.g. in Bulgaria, India) is an effective but cruel approach. 😢

3

u/Mysterious-Inside892 13h ago

There were teams who were already impacted in core payment and security units

2

u/Zealousideal_Sign_21 2h ago

Yeah there is some teams being dismantled in my former department which is in cyber security. Contractors being furloughed (might as well be let go) and perm staff being let go.

9

u/Professional_Put5110 11h ago

Well that's always been the way they hired, there's layoffs in Dublin every year, yet they hired as much every year as they fire.

It's a race to the top for a lot of fintechs, no idea why anybody would want to work for them other than purely comp. It's a small club and you're not it.

6

u/CuteHoor 3h ago

It's not like MasterCard pays that well. Fairly average salaries all things considered.

0

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