I express my solidarity with PayPal employees and staff at Google, all of whom are anxiously awaiting news about prospective job losses this week. It is a worrying time for those in similar positions. It is just the latest in a series of announcements of layoffs and redundancies across the tech sector worldwide. It is not just in the tech sector; I met just this week with employees of Argos in my constituency who are also facing similar news. Workers and their families will pay a high price in these cases. Will the Government initiate a review on the effect of job losses, particularly those being announced in the tech sector, for indigenous businesses and jobs here? This will affect local cafés and bakeries, cleaning services and legal services. We are conscious that job losses in tech will have a knock-on effect in other sectors too. All of us are very conscious of the concern and uncertainty for those affected.

I am happy to take this question, if that is okay. I reassure the Deputy that we are following what is happening at the moment very closely. We are speaking to many tech companies at a senior level to understand what is likely to unfold in the coming months. It is important to say that the tech sector is extremely strong in Ireland right now. Many of the global decisions that have been taken are reversing part of the growth of last year, when many tech companies were employing very large numbers of people over a very short space of time. Google, for example, took on an extra 30,000 people last year and has made a decision to reduce its workforce by 12,000 this year. We do not know how that will impact Ireland yet. This should not be seen as a tech crisis. This should be seen as a reversal of part of the growth from last year. However, I take the point the Deputy is making. It is our job as a Department to make sure we understand the-----

We are over time.

-----broader implications of these decisions for many Irish service companies as well.