Ireland - A False Economy

We're constantly subjected to a PR barrage from the media/government about how we're "moving up the job value-chain" and "becoming a knowledge-based economy". When little nuggets like the following comes out, our tenuous position as a hub of multinational investment is exposed. SanDisk, who recently established an office here in Dublin reported revenue of $955 million, nearly half of SanDisk's global revenue of $2,300 million. Since the company employs 1,083 people worldwide, you'd expect that since the Irish operation would contribute a significant figure (hundreds of workers at least) to that workforce.

Infact, SanDisk only employ 4 people in Ireland.

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