DUBLIN (Reuters) - Salesforce.Com will more than double its workforce in Ireland by adding 1,500 jobs, marking one of the largest single job announcements in the 70-year history of the state's foreign investment agency.
The San Francisco-based cloud software maker currently employs 1,400 people in Dublin, the European hub for a number of major technology firms, and will add the new jobs over the next five years as it moves into a new 430,000 feet campus on the city's north docks.
"Europe is Salesforce's fastest growing region, and Ireland has been a significant part of our success," Miguel Milano, Saleforce's international president, said on Friday.
"We are excited to be announcing our continued commitment with this investment in Dublin."
The risk of Brexit and escalating global trade wars to Ireland's open economy has done little to dampen foreign multinationals' appetite to set up or grow operations there and avail of its 12.5 percent corporate tax rate.
Foreign investors backed by the state foreign investment agency created a total of 14,000 jobs in Ireland in 2018, up from just over 10,000 the previous year, IDA Ireland said earlier this month.
Foreign firms employed around 230,000 people in Ireland in 2018, approximately 10 percent of the country's workforce.
(Reporting by Padraic Halpin, Editing by Paul Sandle)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
