Around 400 jobs were put at risk at Covalen in November, since when roughly 200 people have left the company.

A Dublin-based outsourcing company that works on Meta projects could lay off around 700 workers, with the news coming just days after the tech giant announced plans to cut 8,000 jobs.

The contractor, Covalen, has confirmed that it has started consultation in relation to “potential redundancies within its Dublin operations”. It said that it is “engaging directly and proactively” to support the affected teams.

Operated by parent company CPL, Covalen offers content moderation, AI training and back-office administration services for a variety of industries, including finance, utilities and tech.

Alongside its Dublin headquarters, Covalen also operates in Limerick. According to its website, it employs more than 2,500 – up from the roughly 2,000 that SiliconRepublic.com had previously reported.