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by gcb0
3267 days ago
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every company is already leaving. IT has the blue collars (cheap engineers, sales, support, it) in Ireland and they are staying no matter what (zero tax ftw) while all the expensive ppl who refuses Ireland relocation were in london. but if London is not EU, now it makes everything too complicated. France already started to glob startups. Germany got two big fortune 500 and Switzerland another. it's a matter of time until they all move. and take all the service cascade with them. so if you're afraid of crisis getting worse by fleeing investment, there you have it. |
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That was the case before Brexit, was it not? Companies like Google and Facebook had their European headquarters in Ireland before the Brexit referendum was announced.
> "Germany got two big fortune 500 and Switzerland another."
Interesting that you bring up an example linked to Switzerland, which isn't in the EU (it's not even part of the EEA). Despite that, it does have access to the European single market, something that some European bureaucrats are classing as 'impossible' for the UK post-Brexit. Let's wait and see.
> "it's a matter of time until they all move."
That's what's known as hyperbole. The UK has a large skilled/educated workforce with a strong work ethic. If incentives are made to mitigate against downsides of being out of the EU then I don't see every company leaving, and the ones that do leave will leave behind employees that they helped to train, ready for a competitor to make the most of.