13 Apr 2022

Over 380 jobs announced for Cork in the past two weeks

It has been a busy start to the month for Cork on the jobs front with a significant number of jobs announced continuing the trend of global companies choosing to expand or establish operations in Cork. The companies in question are Janssen, Remitly, Nasuni and NS1.

Janssen, one of the world’s leading pharmaceutical companies announced a €180 million expansion of its Ringaskiddy plant resulting in the possible creation of 180 jobs. Remitly, a leading digital financial services provider for immigrants and their families has announced it will increase it’s operations in Cork, creating approximately 120 jobs over the next six months in Penrose Dock.  Nasuni has announced plans to create up to 55 engineering jobs over the next three years in Cork at its newly established Innovation Centre. The new Cork facility will be Nasuni’s first innovation centre and its fourth office including its headquarters in Boston in the US. NS1 a US tech company said it plans to hire at least 30 computer engineers in the next two years as it establishes an office in Cork City and grows its global presence.

David Coffey, chief product officer at NS1 said:

“When locations for expansion were initially explored by NS1, Cork was top of the list for me based on the incredible success I’ve had establishing centres of excellence here in the past. The type of talent I’ve seen in the Cork market aligns perfectly with our expansion strategy as we build products at a scale to meet global demand.”

Cork City which was recently voted the No.1 Small European City for Economic Potential in the 2022/2023 edition of the Financial Times European Cities of the Future awards has a strong track record in attracting investment from multinational companies thanks to the wealth of talent produced by University College Cork and Munster Technological University across a variety of disciplines. This coupled with the connectivity of the city and region to US and European markets and a highly supportive business eco-system supported by Cork City Council and other city stakeholders has made Cork a highly attractive location for prospective multinational businesses.