Ebay to Hire Hundreds of More Workers Overseas

By Carlos Olivera February 14, 2013

After handing Ireland an enormous bailout by creating over 1,000 new jobs less than a year ago, it looks as Ireland is once again the beneficiary of hundreds of new jobs.

eBay Inc. recently announced it would hire an additional 450 employees for its company in Ireland to try and battle the countries devastating unemployment rate. This announcement comes less than a year after the company hired 1,000 other employees for its payment service PayPal.

"This new announcement is exceptional news for Ireland," Prime Minister Enda Kenny said in a statement.

Ireland continues to carry the highest unemployment rate across Europe at over 14 percent. eBay has certainly done its part to try and turn the tough economy around, but it wasn’t enough to stop the Irish from taking out a $114 billion bailout. It is expected however for Ireland to emerge from that bailout by the end of 2013.

Although the economic times seem to be in turmoil, one great advantage Ireland does offer is low corporate taxes. With taxes being exceedingly high in the United States, moving major companies opening up offices overseas has become a popular as of late, and with its low corporate tax rate Ireland has been able to attract major companies like Facebook and Google and PayPal, who set up shop in Dublin over a decade ago.

This announcement allows follows up previous good news of last week when the country was able to come to an agreement with European Central Bank to try and ease the burden of the state-owned bank debt.

Ebay has continued to make news as just last month it was testing out a few different pilots programs on to expand its reach to new customers. The programs consisted of a home pick-up service as well as mall pilot where customers were welcomed to drop off their items for appraisal. Both programs were just pilots but tested successfully and could potentially be reintroduced on a permanent basis in the future.




Edited by Rich Steeves

TechZone360 Content Producer

SHARE THIS ARTICLE
Related Articles

Pai Makes His Case for Title II Repeal

By: Paula Bernier    11/21/2017

FCC Chairman Ajit Pai today made clear his plans to repeal Title II net neutrality rules. The commission is expected to pass his proposal at its Dec. …

Read More

Mist Applies AI to Improve Wi-Fi

By: Paula Bernier    11/9/2017

Mist has created an AI-driven wireless platform that puts the user and his or mobile device at the heart of the wireless network. Combining machine le…

Read More

International Tech Innovation Growing, Says Consumer Technology Association

By: Doug Mohney    11/8/2017

The Consumer Technology Association (CTA) is best known for the world's largest trade event, but the organization's reach is growing far beyond the CE…

Read More

Broadcom Makes Unsolicited $130B Bid for Qualcomm

By: Paula Bernier    11/6/2017

In what could result in the biggest tech deal in history, semiconductor company Broadcom has made an offer to buy Qualcomm for a whopping $130 billion…

Read More

How Google's 'Moonshot' Could Benefit Industrial Markets

By: Kayla Matthews    10/30/2017

The term "moonshot" encapsulates the spirit of technological achievement: an accomplishment so ambitious, so improbable, that it's equivalent to sendi…

Read More