Icon doubles in size through $12bn takeover of rival firm
The Dublin-based clinical trials firm plans to add thousands to its workforce after acquiring US rival PRA Health
Icon, the Dublin-based clinical trials company, has said it will add thousands of new jobs in the next year as it doubles in size with the takeover of a rival business.
In a rare interview with Irish media, Dr Steve Cutler, the Icon chief executive, said that while there would be $150 million in cost savings from the $12 billion takeover of PRA Health, the combined business would continue to grow job numbers.
“We’ll be about 34,000 to 35,000 people as we come together. I would like to think in a year or so that we will break or be breaching the 40,000 mark without too much trouble. I think that this is an organisation that will register growth rather than reductions in the headcount,” Cutler told the Business Post.