Symantec is increasing its job prospects abroad — the U.S.-based Internet security firm has announced plans to create 60 new jobs at its European headquarters in west Dublin, Ireland.
The job growth is the result of a large investment by IDA in its “authentication services” business, riding on the heels of Symantec’s acquisition of VeriSign last year.
Symantec chief executive Enrique Salem said the decision to create new jobs in Ireland is due to the company’s success in the emerald isle — 725 staff members are currently employed at the company’s Blanchardstown location.
“A significant part of the real Irish economic miracle in the mid/late 1990s was our ability to tap into the global IT boom that was going on at that time,” said Richard Bruton, minister for jobs, enterprise and innovation. “If we are to get growth in employment and in the economy again, one part of that will involve relying on our traditional strengths, and today’s announcement is a great vote of confidence in our policies.”
Symantec’s Irish branch recorded a pre-tax profit of €73 million last year, setting a record despite an 8 percent decline in revenue.