The majority of new positions will be in consulting, digital sales, and R&D. IBM claims that as part of a software investment focused on artificial intelligence, security, and cloud technologies, it will generate up to 800 jobs in Dublin, Cork, and Waterford. About 3,000 people work for the IT firm, which has been based in Ireland for 65 years, making it the country’s oldest tech multinational.
As part of the recent global wave of tech layoffs, it eliminated several positions in Ireland.
The additional positions will be filled by employees of IBM’s Waterford-based subsidiary Red Hat, which is currently employing more people in the city after acquiring a local start-up called FeedHenry. “Ireland currently holds the fifth-place position in the EU for digital economy advancement.”
The majority of the new positions will be in consulting, digital sales, and research and development.
According to the company, its artificial intelligence research will focus on generative AI, which is most commonly observed in systems like OpenAI’s ChatGPT, and huge language models.
Currently, the only IBM Research site in the EU is located in Ireland. The multinational conglomerate, which is among the world’s most established technology firms, provides technology and consulting services to the Irish healthcare and finance industries in addition to certain public sector organizations. The corporation claims that the IDA is funding the three-year employment investment.
“It will have a significant effect in Waterford, Cork, and Dublin.”“This is a testament to the calibre of talent here in Ireland, one of many reasons Ireland continues to be a strategic location for IBM,” said James Kavanaugh, IBM’s chief financial officer.
The head of the IDA, Michael Lohan, said the investment was valuable in advancing AI, cybersecurity and cloud technology. ”It will deliver a strong impact in Dublin, Cork and Waterford,” he said.
With Mr. Kavanaugh informing investors in January that the company aimed to achieve cost reductions of $3 billion (€2.76 billion) by the end of this year, IBM recently requested voluntary layoffs. It is anticipated that the company’s activities in Eastern Europe will see the most severe restructuring effects on employees.
“IBM selecting Ireland for this new project is another vote of confidence in our country,” stated Minister of Enterprise, Trade, and Employment Peter Burke. “Ireland is currently ranked as the fifth most advanced digital economy in the EU.”
In recent years, IBM has prioritized global hybrid cloud and artificial intelligence as part of its core consulting business. The site in Mulhuddart, in north county Dublin, is home to its largest facility. Additionally, it has offices in Waterford on the Cork Road and at the business park at Cork Airport.
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