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Software lobby warns US firms may relocate to States.

Europe Intelligence Wire

| August 01, 2003 | COPYRIGHT 2003 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Irish Independent)

THE Irish Software Association has warned that Ireland risks losing software related jobs to the United States as salary deflation there combined with the strength of the euro begins to take its toll.

The ISA claims that the feedback it is receiving from US multinationals suggests they maybe considering relocating jobs back to their US-based parent companies or deciding notto invest here unless Ireland can become more competitive.

Kathryn Raleigh, a director with the ISA said: "This is a worrying trend for Ireland as ourtraditional competitors have been areas such as India and Central and Eastern Europeand not the US which is the spiritual home of ...

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