Tough times on the Emerald Isle: Dell is closing it's largest non-US manufacturing plant. This is not good news.
Established in Ireland in 1990, Dell employed more than 4,500 staff in Ireland at its height and is the country’s biggest exporter and second largest company.
It accounts for approximately 5 per cent of Irish GDP and last year contributed €140m to the south western economy in wages alone.
UPDATE: Should have realised this myself, but as Tim Worstall says, these figures seem very fishy. Not the number of jobs, the other ones. 5% of GDP? Hmmm. Anyway, it still ain't good news and, given how much Ireland has relied upon American inward investment in IT and electronics, this seems likely to be a harbinger of further gloomy news ahead.