Friday, March 29, 2024 | Ramadan 18, 1445 H
clear sky
weather
OMAN
25°C / 25°C
EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Mastercard to add 1,500 technology jobs in Ireland

1444182
1444182
minus
plus

DUBLIN: Mastercard Inc plans to hire 1,500 more staff in Dublin over the next three to five years, more than trebling its workforce in one of Ireland’s largest single multinational jobs announcements.


The US credit card issuer has had a presence in Dublin since 2008 where it set up its research and development arm, Mastercard Labs, four years later. Its workforce will increase to more than 2,000 from 650 now, IDA Ireland, the state agency competing to win foreign jobs, said in a statement on Monday.


That matched the 1,500 jobs US cloud software company Salesforce.com said it would add over a similar period a year ago, which at the time IDA Ireland said marked one of the largest job announcements in its 70-year history. Foreign multinationals, particularly in the technology sector, employ about a quarter of a million people in Ireland, accounting for one in 10 jobs in the fast growing economy.


“This is excellent news and further proof of Ireland’s place as a global hub for technology. The 1,500 jobs being created at Mastercard are high quality, skilled positions,” Acting Prime Minister Leo Varadkar said in a statement. Mastercard, which like other financial payments companies is investing heavily in technology, said it aimed to recruit staff in the growing areas of cyber security, artificial intelligence, blockchain and user experience.


It will take on 22,500 square metres of additional space in two newly built office blocks near its current location in south Dublin to facilitate expansion in what the company said will become its European technology hub.


That will also make Mastercard the latest technology company to establish a campus-style site in Dublin after Microsoft’s LinkedIn, Alphabet’s Google and Facebook bought or leased large spaces in the city. — Reuters


SHARE ARTICLE
arrow up
home icon