Apple announces 500 new jobs in Ireland

DUBLIN Fri Apr 20, 2012 8:22am EDT

The company's logo is seen on the Apple store in Washington October 6, 2011. REUTERS/Yuri Gripas

The company's logo is seen on the Apple store in Washington October 6, 2011.

Credit: Reuters/Yuri Gripas

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DUBLIN (Reuters) - Apple is to hire 500 people in Ireland in the latest boost to the indebted euro zone country's multinational sector, one of the few bright spots in a struggling economy.

The consumer electronics giant will increase the headcount at its European headquarters in the southern city of Cork over the next 18 months from 2,800 at present, a spokesman for the company said.

He said the jobs would "support our growing business across Europe," but he did not say what kind of jobs would be created. The Cork operation provides distribution, supply chain management and back office functions.

Bailed out by the EU/IMF in late 2010 and midway through a punishing eight-year austerity drive, Ireland has an unemployment rate of 14.3 percent, its highest since 1993 and more than three times the level of 2007.

While workers are still being laid off as consumer spending continues to shrink, Dublin has succeeded in attracting Google and Facebook thanks to its low corporate tax rates and educated, English-speaking workforce within the eurozone.

Generics drug maker Mylan on Wednesday announced it would hire 500 people in Ireland.

(Reporting by Conor Humphries; editing by Lorraine Turner)

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Comments (3)
Munchma_Quchi wrote:
Thank you Apple for improving the unemployment and economic situation – OF IRELAND!

Apr 20, 2012 4:30pm EDT  --  Report as abuse
robb1 wrote:
Ff the US had a better domestic corporate fiscal climate, Apple would create those jobs here.

Instead the US allows multinational corporation to seek the most advantageous job place around the world and let them reap all the benefits.

While is still partially good, because Apple pays taxes in the US, but not on earning that are kept abroad, it does not do any good for the US job creation.

Apr 20, 2012 5:33pm EDT  --  Report as abuse
Dahc wrote:
Thanks Apple!!! The US will benefit greatly from this!

Apr 20, 2012 10:12pm EDT  --  Report as abuse
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