Profit Indeed: Revenues at Irish arm of job listings giant topped €1bn last year

Employment and recruitment firm, which subsequently implemented a hiring freeze, enjoyed its strongest year in Ireland to date

The Irish unit did not pay out a dividend to its shareholders in 2021, but its six Irish directors shared emoluments – the fee paid to them for their employment – of €2.68 million. Picture: Getty

Profits rose by nearly a quarter of a billion euro last year at Indeed’s Irish arm, as the recruitment company reported a dramatic turnaround in performance after a pandemic-struck 2020.

The business, which employs more than 1,200 people in Ireland, said its performance – with turnover topping €1 billion for the first time in a jump of 76 per cent – demonstrated the “recovery of the recruitment market” last year.

It has since been reported ...