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Sunday, October 15, 2023

Surge in multinationals jobs sees 2,750 new roles announced so far this month

Minister Simon Coveney, Barry Regan of Dexcom and the IDA’s Michael Lohan at the recent announcement of 1,000 jobs in Galway by the US firm. Photo: Aengus McMahon

Boston Scientific in Clonmel

Caoimhe Gordon

The number of new jobs announced since the start of May hit 2,750 yesterday after Boston Scientific announced an €80m expansion of its manufacturing plant in Clonmel, adding to a slew of major investments, including in Athenry, Limerick and Cork.

The 400 new jobs are mainly in the manufacturing area, across regional areas and roughly match the number of technology jobs lost in late 2022 and early 2023 as digital platforms and other business cut staffing.

The new jobs tally includes: those currently open for applications; construction roles related to new investment and other roles due to come on stream in coming years as part of company expansion plans

Earlier this week, US computer chip firm Analog Devices announced it would create 600 new role as part of a €630m investment at its European headquarters in Limerick.

The IDA has also highlighted a number of large investments from medtech companies.

The largest jobs creation announcement came from US firm Dexcom earlier this month as it plans to build its newest global manufacturing facility in Athenry, Co Galway.

This move is set to create up to 1,000 jobs in the region.

Boston Scientific expects its investment to create more than 400 jobs in the coming years, with an increase in both office and manufacturing space planned in Clonmel.

The medical devices group employs around 6,500 people across its sites in Clonmel, Galway and Cork and has over 45,000 workers worldwide.

Taoiseach Leo Varadkar praised the regional spread of the newly created jobs.

“The announcement of 400 jobs in Clonmel on foot of 600 in Limerick last week and 1,000 in Athenry the week before, shows that our policies are working,” he said, adding that there are more regional roles in the pipeline.”

However, not all announcements have been welcomed, with Enterprise Minister Simon Coveney facing criticism last week for supporting the opening of fast-fashion retailer Shein’s EMEA headquarters in Dublin.

The controversial retailer, which has faced allegations about its treatment of workers and criticism around its environmental impact, plans to create 30 new positions by the end of this year.

The number of new jobs announced so far this month has already topped the 1,280 announced by the IDA in April. This figure is also more than the 470 roles created in March this year.

BFIA Admin
BFIA Admin
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