Verizon has declared its intention to create a worldwide hub in Limerick.
The company offers technical services in addition to business and consumer communications.
With the help of IDA Ireland, the Irish government, the new center’s opening is expected to generate over 400 employment in the following two years.
Strategy, financial operations, and network engineering are just a few of the critical roles that Verizon will combine at its new site in Limerick.
The company plans to move into the 10,000m2 of the 1BQ riverside development in Limerick City during the first quarter of 2019.
Verizon, a New York-based company, began operating in Ireland in 2006. Currently, the international company has 1,000 employees in Dublin.
Craig Silliman, President of Verizon Global Services, stated, “This center of excellence will bring together key functions in a creative, collaborative environment that leverages global talent and maximizes our shared services model to best deliver for our businesses globally.”
“Combining these functions in a world-class center will improve effectiveness and efficiency to deliver best-in-class results for our customers, employees, and partners as we continue to leverage our global footprint to best serve our customers,” he continued.
According to Simon Coveney, Minister of Enterprise, Trade, and Employment, Limerick has become the new home of “one of the world’s leading providers of technology and communications services.”
He then on, “This is a major commitment and endorsement of Ireland, and specifically, the talented workforce in Limerick.”