Amazon shares closed higher Monday as the global tech giant announced it would add 1,000 new jobs in Ireland. The country is a popular destination for global tech firms thanks to its low tax rate of 12.5%.
Amazon said the jobs would be split between locations including: North County Dublin, Blanchardstown, and Tallaght.
Amazon shares ended the US Monday trading session 0.46% in the green at $1,723.79. However, the stock is currently lower in after-hours activity.
Amazon expands Irish workforce
The new 1,000 roles are set to be filled to support both Amazon and its cloud web services arm, AWS benefitting from the new additions. The US giant’s decision to add more staff in Ireland further develops the relationship between the two as Amazon opened its first Irish office in 2004.
Amazon already employs 2,500 staff in Ireland. The new roles will include positions as Software Development Engineers, Data Centre Engineers, Support Engineers, Solutions Architects, Systems Engineers, Security Specialists, Big Data Specialists and a range of technical management positions.
“There is an abundance of talent in Ireland which helped us to exceed our talent growth targets ahead of schedule,” said AWS Ireland country manager Mike Beary. “Ireland is a great place to do business, the country’s creative culture and diverse pool of technical skills make it an ideal location for our rapidly expanding business.”
Irish PM welcomes jobs boost
The Irish Prime Minister Leo Varadkar welcomed the news that Amazon has opted to further expand its workforce there.
“Amazon's decision to bring another 1,000 jobs to Ireland underpins our mission to make this country an innovative, digital economy and a global leader for the tech sector,” Varadkar said.
“The creation of these new jobs and the company's commitment to investing in research and innovation here is fundamental to maintaining Ireland’s reputation as tech hub for Europe. It is also testament to Ireland's reputation as a location for top talent,” he added.