Facebook says remote working could slow job growth in Ireland

Facebook nonetheless plans to “aggressively” develop employees numbers in its European headquarters in Ireland however a company-wide coverage permitting everlasting distant work from different international locations may gradual that progress over time, its Irish chief stated on Friday.

Facebook, which is considered one of Ireland’s largest such employers with round 3,000 full-time employees and one other 3,000 contractors, will permit some staff to completely relocate after greater than a yr of many working remotely as a result of COVID-19 pandemic.

Eligible staff in Facebook workplaces in Ireland, France, Germany, Italy, the Netherlands, Poland, Spain and the United Kingdom will be capable of transfer to a different a type of places. U.S.-based employees may also transfer to Canada, it added.

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Facebook Ireland’s Gareth Lambe stated it was nonetheless understanding what number of Irish-based staff can be eligible to reap the benefits of the coverage. Fewer than half of its employees are Irish nationals.

“We’re going to continue to grow aggressively,” he instructed nationwide broadcaster RTE, citing a transfer within the subsequent yr or two to a brand new 57,000 sq. metre campus in Dublin that it intends to fill with 7,000 staff.

“This won’t have on balance a material impact on the growth of employment for Facebook in Ireland,” he stated, referring to the distant working coverage. “We have a target this year of adding about an additional 700 employees and we’re going to continue to do that and we’re going to continue to grow,”

“But this is a significant evolution and in the future over the coming years and decades, it is possible that the growth of jobs and numbers may not be as fast in Ireland as it would have been before it.”

Lambe stated Facebook’s foremost Europe, Middle East and Africa decision-makers will proceed to be primarily based in Dublin, which means its company tax standing is not going to change. However, these completely relocating overseas would not pay earnings tax in Ireland.

Responding to the transfer, Irish Finance Minister Paschal Donohoe stated one of many penalties of the pandemic will likely be much more mobility of staff throughout nationwide borders however that international direct funding will stay “an indispensable part” of Ireland’s financial mannequin.

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