US multinationals to increase employee numbers in Ireland

by ApresMatch

8 comments
  1. That’s after laying off people in the last two years though.

    So swings and roundabouts.

  2. Too much uncertainty in the US.

    Ireland is far more stable politically.

  3. Sounds great, we don’t want the demand for housing to decrease. 

  4. > 60% of US multinationals that are members of the American Chamber of Commerce Ireland plan to increase employee numbers here over the next year.

    Would love to know how that stacks relative to any job shedding they have been doing. Hiring 100 people after a couple years sacking 500 isn’t so impressive.

    It does though speak to just how uncertain and unstable the US has become. The brain drain is going to be seismic, and with some luck Europe & ourselves will be more welcome shores for certain industries.

  5. > However, almost a third point to housing as the most important challenge to overcome for their company to invest and expand here.

    Between this and most of people’s disposable income being hoovered up by rent, you’d wonder why there isn’t a substantial business-led pressure campaign to sort the housing crisis.

  6. I’d like this better if they didn’t do this immediately after firing a whole bunch of people last year.

  7. Where are they going to live, though? Like genuinely, we need to build build build build. We’re already well below capacity.

    I wonder why they haven’t come out and demanded the government build more houses? Of all groups, this is the one the government actually cares about. Lower rent means the can justify lower wages. Cost is one of the few things these companies care about.

    Also, take this with a grain of salt. They are doing layoffs at the moment. Look at Microsoft. Also, the investment they said will be in data centres and AI. Those don’t really create jobs.

    Also, and I dont know why I feel this, I feel like they are just saying “yes” at the fourth of July party to just say it. If there are any people I trust less, it’s the American business C suite. Phil Spencer of Microsoft said that Xbox was in great shape and the next day just cut the staff. They also want to give the impression of growth constantly. See ghost jobs on LinkedIn.

    I don’t know, but I wouldn’t trust it. Feels a bit like a fluff piece, with no figures or numbers, just a “yes”

  8. The US got rid of their amortization/ R&D expensing for software development which has made a lot their costs untenable. Ireland hasn’t and compared to US salaries remains cheap as chips. We might the super star devs that the likes of San Francisco might get but we have a really attractive pool for US companies who want EU market share.

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