AOL to add jobs at new headquarters
Tuesday, 8 June 2010 09:55
The internet company, AOL, is to provide 50 new software engineering jobs at its Dublin development centre over the next two years.
AOL has also announced it is moving to new headquarters in Dublin city centre from its base at Citywest, where it has been for the past 10 years.
Managing director of AOL global operations Aengus McLean told RTÃ‰ radio the jobs would be mainly for development engineers. He said there would be 23 immediate full-time vacancies, and 12 contract positions.
Mr McLean said AOL had noticed a pick-up in the technology sector in Ireland. He also said the company had secured a great deal on rents for its new headquarters in Dublin because of the downturn.
AOL was spun off by Time Warner in December, having merged with the company at the height of the dotcom boom.
All are aware that there are many vacant office buildings in the City Centre as a result of development output peaking just as demand fell off a cliff due to domestic and external factors. Is this transaction indicative of a future trend of companies who fled the City Centre for suburban business parks in the past decade due to higher rental levels now using market conditions to upgrade to better space?