Irish start-up Nexus Inclusion raises €2 million for AI-powered accessibility tech
Irish start-up Nexus Inclusion raises €2 million for AI-powered accessibility tech
Vish Gain
13:53
Nexus Inclusion was founded by Kyran O'Mahoney, who was born with 17 per cent vision.

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RTÉ News
36 minutes ago
- RTÉ News
Microsoft to lay off nearly 4% of global workforce
Microsoft is to cut around 9,000 jobs worldwide in the latest round of staff cuts as the US technology company looks to reduce costs. It is understood the job losses will impact up to 4% of its total workforce and it's thought the cuts will impact different teams and country operations as part of efforts to cut layers of management. A spokesperson for Microsoft Ireland said the tech giant is continuing to "implement organisational changes necessary to best position the company for success in a dynamic marketplace." However, the company declined to comment on what impact today's announcement will have on Microsoft's Irish operations, where it has some 6,000 workers. Microsoft employs more than 4,000 people in Ireland across software development, engineering, data centres, finance, operations, and sales and marketing services. In November of last year, it announced the creation of 550 engineering and research and development jobs in its Dublin office. Microsoft also owns LinkedIn, which employs more than 2,000 people in Ireland, bringing Microsoft's total Irish-based headcount to over 6,000 people. Today's move represents the third round of cuts this year. The company already announced it was reducing the number of employees by around 6,000 roles in May and it shed 1,000 in January. In early 2023, the company also cut 10,000 jobs, amid a move in the wider tech sector to scale back expansion during the pandemic.


RTÉ News
an hour ago
- RTÉ News
Irish-based Kerga completes deal for Germany's Münsterland
Irish food investment company Kerga has acquired Germany's Múnsterland J Lúlf - which specialises in ready-to-drink coffee and dairy products. The combined businesses are expected to have revenues of more than €60m next year, with the sale of 100 million products forecast. Today's deal marks Kerga's second acquisition, following the purchase of Donegal's Nomadic Foods in 2021. Founded over a century ago, Münsterland's iced coffees, protein drinks and natural energy teas are available in over 20 countries. Its brands include Jimmy's Iced Coffee. Kerga is jointly owned by BiaVest, the Irish specialist food investment group, and Development Capital, an Irish growth capital fund supporting ambitious, scaling Irish companies. In 2023, BiaVest also acquired German pasta manufacturer Riesa Nudeln. Alan Cunningham, Kerga's chief executive, Kerga, said today's deal is another major step forward in executing its European growth strategy. "We have a clear roadmap for further acquisitions and are focused on building a portfolio of premium brands and manufacturing assets in high-growth categories. Münsterland is an exceptional business with a proud heritage and a strong reputation for quality and innovation," he added. Manfred Fleige, Managing Director of Münsterland, said that joining Kerga marks a new chapter for Münsterland. "In Kerga, we have found a capital-strong partner with a great deal of expertise to support our ambition for the business, particularly in leveraging the site's growth potential. Kerga brings strategic vision, experience, and a long-term focus to help take the business to the next level," he said. "Together, we can unlock new opportunities, deepen and expand our co-manufacturing partnerships, and advance new production capabilities," he added. Hilliard Lombard, Kerga Chairperson and BiaVest co-founder, said that convenience food and beverage is a dynamic sector that demands versatility, innovation, and responsiveness to succeed. "Our acquisition strategy targets businesses with proven revenues of €20m-plus, strong track records, and clear scope for innovation and market expansion. Münsterland fits that profile perfectly, and we're excited about the role it will play in Kerga's next phase," he said.


Irish Independent
an hour ago
- Irish Independent
Microsoft to axe 9,000 jobs worldwide as company's 4,000 Irish staff wait for details
The cuts are to be implemented across several divisions and geographical offices, according to the Seattle Times, reporting from Microsoft's global headquarters. Microsoft employs around 4,000 people in Ireland, with a further 2,000 people employed at its subsidiary, Linkedin, which has a base in Dublin. Under Irish law, Microsoft is required to notify the government of any significant job-cutting plans. The tech giant has said that the layoffs are part of a restructuring effort for what it describes as 'organisational changes necessary to best position the company and teams for success in a dynamic marketplace'. The Irish Independent has contacted Microsoft for comment. Microsoft CEO Satya Nadella recently disclosed that up to a third of programming at the tech company is now done by AI, with a higher percentage likely. However, the current cuts are thought to be aimed across several job categories, including sales and middle-management. The news comes just days after Intel said that it plans to cut up to 195 jobs from its 4,900-staff Kildare plant. The proposed cuts, details of which have been notified to the government as required under Irish law, would represent 4pc of the facility's workforce, a figure far short of the 20pc floated in a report by Bloomberg earlier this year. No information of staff positions or titles potentially affected have yet been disclosed. Details of financial compensation packages have also not been disclosed. However, the cuts are not expected to take effect before September, following an industrial relations process. The company has previously said that cuts would involve "streamlining the organisation, eliminating management layers', with no further detail on the sectors to be targeted, other than that it intended to shrink expenses in 'R&D, marketing, general and administrative' divisions.