DUBLIN — US computer and software maker Microsoft is hiring 200 engineers in Ireland and will build a new “engineering hub” to bolster its operations in the country, where it employs 2,500 people. Microsoft Ireland announced on Monday that “recruits will be involved in the development of new cloud services and technology solutions for customers around the globe.” Meeting Microsoft Ireland managing director Cathriona Hallahan at government headquarters in Dublin, Deputy Prime Minister (Tánaiste) Leo Varadkar labelled the announcement as “really good news” that could set Ireland up “to be a leader in engineering.” Hallahan said the expansion the country “at the centre of innovation,” while Martin Shanahan, chief executive of government investment agency IDA Ireland, said it shows Ireland’s attractiveness to investors “despite the unprecedented challenges posed by the Covid-19 pandemic.” In contrast to the rest of the economy, Ireland’s large electronics/technology and pharmaceutical/medical sectors have prospered due to the pandemic and related restrictions.
DUBLIN — Before his recent resignation, outgoing Irish Prime Minister Bertie Ahern prefaced the annual St. Patrick”s Day pilgrimage to the White House by predicting “a hard year” ahead for the Irish economy. The banking crisis and credit crunch in the United States, as well as the falling dollar, worry Irish policy-makers. Ireland has 25 percent of its trade in dollars and has bet much of its recent economic boom on a 12 percent corporate tax rate — an enormous incentive for U.S. multinationals such as Intel and Microsoft to run pan-European operations out of Ireland. Google has the headquarters of its European and Middle East operations in Dublin. “The company is very pleased with how the Dublin operation continues to develop,” a Google spokesman said.