FILE PHOTO: A visitor looks at the logo for LinkedIn Corporation, at the MEDEF union summer forum on the campus of the HEC School of Management in Jouy-en-Josas, near Paris, France, on August 29, 2017. REUTERS/Charles Platiau/File Photo
DUBLIN (Reuters) – Microsoft will use Linkedin, a social network for professionals, on Thursday said that it will add 800 new jobs at its European headquarters in Dublin, which is the latest technology company to boost its presence in the republic of Ireland.
The move underlines signs of the rents in Ireland remains robust, in spite of its neighbouring great Britain, planned by the european Union and a slowdown in global economic growth.
Foreign firms account for about one out of 10 jobs between the republic of Ireland for more than two million people, which has a corporate tax rate of only 12.5%.
The European Commission, in August of 2016, and ordered to Ireland, in order to recover from € 13 billion to Apple due to illegal tax deal, which gave the firm an unfair advantage in the battle with the block, and the rules on state aid. However, the ruling has done little to slow down the progression of multi-national courses in the republic of Ireland, the sum of the new roll to grow at a record pace of last year.
Facebook said in January that it will hire 1,000 more people in Dublin this year. US cloud software company, Salesforce, has also said it plans to add 1,500 jobs over the next five years, which is one of the greatest things to do on a 70-year-old history of the state foreign investment agency.
Sunnyvale, Calif.-based Linkedin has more than 630 million users worldwide, said that the new recruits will be based at a new, 150,000 square foot development in the heart of Dublin and is due for completion by the end of next year.
Reporting by Graham Fahy; editing by Deepa Babington