Reuters: Technology News: Apple announces 500 new jobs in Ireland

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Apple announces 500 new jobs in Ireland Apr 20th 2012, 12:22 Tweet Share this Email Print Related News CORRECTED-UPDATE 1-Pharma group Mylan to hire 500 in Irish expansion Wed, Apr 18 2012 Apple, Foxconn revamp China work conditions Thu, Mar 29 2012 Analysis & Opinion We need a lower corporate tax rate Ireland gets slim pickings from ECB deal The company's logo is seen on the Apple store in Washington October 6, 2011. Credit: Reuters/Yuri Gripas DUBLIN | Fri Apr 20, 2012 8:22am EDT 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) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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