Mastercard Inc. seeks to hire 1,500 more staff at its global technology hub in Dublin. That would mean more than trebling the size of its workforce in Ireland’s first major multinational jobs announcement of 2020. Hiring is expected in over the next three to five years.
Mastercard already employs 500 people at an Irish office opened in 2008. The issuer also set up its research and development arm, Mastercard Labs, in the city back in 2012. It plans to increase its staff to more than 2,000 from 650 now, IDA Ireland, the state agency competing to win foreign jobs, said in a statement.
“Our Dublin Tech Hub is an innovation engine for our company across Europe and beyond, and we’re delighted to be expanding our technology footprint in the city,” says Ed McLoughlin, president of Mastercard operations and technology.
“Our new campus will help us continue to attract the best and brightest tech talent so that we stay on the forefront of emerging tech trends and are well-positioned to forge the future of digital commerce across the globe.”
Ireland’s caretaker Taoiseach Leo Varadkar says of the expansion: the 1,500 jobs being created at Mastercard are high quality, skilled positions, which I’m sure will be much sought after.
“We can never be complacent when it comes to our economy and employment; as a country, we must continue to pursue policies which make Ireland attractive to investment and job creation and open to free trade.”
Mastercard, which like other financial payments companies is investing heavily in technology, said it aimed to recruit staff in the growing areas of cybersecurity, artificial intelligence, blockchain, and user experience.