That's great news.
Not that the whingers on here would acknowledge it.
I'll acknowledge it.
It is great news. Now when all those working people have roofs over their heads and access to health care when needed, I'll stop "moaning".
Okay?
That's great news.
Not that the whingers on here would acknowledge it.
I'll acknowledge it.
It is great news. Now when all those working people have roofs over their heads and access to health care when needed, I'll stop "moaning".
Okay?
TECHNOLOGY NEWSNOVEMBER 8, 2018 / 11:54 AM / UPDATED AN HOUR AGO
Facebook to quadruple size of Dublin international headquarters
FILE PHOTO: A Facebook sign at the National Exhibition and Convention Center in Shanghai, China November 5, 2018. REUTERS/Aly Song/File Photo
DUBLIN (Reuters) - Facebook has taken on a long-term lease in Dublin which will quadruple the floor space at its international headquarters and allow the company to more than double its current staff of over 4,000.
Facebook said on Thursday the expansion would provide enough space for another 5,000 employees. Such an increase would make the U.S. company one of the largest multinational employers in Ireland next to the likes of Google and Apple, which each employ over 6,000 people around the country.
The social media company runs a number of global and regional teams across three office buildings in Dublin where it employs engineers, legal professionals, marketing and sales staff.
“We’re investing here for the long term,” Gareth Lambe, Head of Facebook Ireland said in a statement.
“This significant investment in a 14-acre campus with capacity for thousands more employees demonstrates our commitment to Ireland, our desire to grow our business here and continue to contribute to the economy.”
Irish Business Minister Heather Humphreys said the expansion represented a huge vote of confidence in Ireland, which aided by low corporate tax rates, counts foreign mulinationals like Facebook for around one-in-ten jobs in the fast-growing economy.
By acquiring the lease, Facebook is taking over the headquarters of Allied Irish Banks, which said previously it was moving from its offices near Dublin’s technology quarter.
Unemployment drops to new post-crash low of 5.3%
CSO figures show number classified as unemployed fell to 127,600 in November
about 2 hours ago
Eoin Burke-Kennedy
The Republic’s unemployment rate fell to 5.3 per cent in November, down from 5.4 per cent the previous month, according to the Central Statistics Office (CSO).
While there have been several upward revisions to the State’s jobless rate, the overall trend has been downward in keeping with the growth in employment.
The latest numbers show the number of people classified as unemployed fell by 2,500 to stand at 127,600 in November. This represented an annual decrease of 23,700 or 1.1 per cent.
Having peaked at 16 per cent at the height of the crash in 2012, the State’s jobless rate is now almost three points below the euro zone average of 8.1 per cent.
On current trends it will fall below 5 per cent next year, a rate which several agencies here equate to full employment.
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