Monday February 17, 2020

IDA hits jobs target early, but regions a challenge

Agency expects more Brexit announcements. but net figure down as job losses at multinational companies rise

4th January, 2018
IDA Ireland chairman Frank Ryan, Minister for Business, Enterprise and Innovation Heather Humphreys and IDA chief executive Martin Shanahan at the agency's annual results. Pic: RollingNews.ie

Companies backed by IDA Ireland employed more than 210,000 people in Ireland last year, according to the agency’s annual results.

This was up 5.3 per cent from 2016 and ahead of the 209,000 target the agency had set itself in its 2015-2019 strategy.

But the number of net jobs created by IDA-backed companies fell slightly to 10,684. IDA chief executive Martin Shanahan said this was because 2016 job losses were at “remarkably low levels” and the 2017...

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