Business World

Wednesday 20 September 2017

LinkedIn to open HQ in Dublin

Internet

A leading social networking website is to open its international HQ in Dublin. LinkedIn will open an office on Sir John Rogerson's quay in central Dublin next month.

The move is a fillip to the tech sector in Ireland which has been hit badly by the recession. The main workforce will be hired here with employees expected to come from the marketing, sales, finance and customer service sectors.

Wages cut at half of small firms

recession

ALMOST half of small firms in Ireland cut their wage bill last year, according to a new survey. Figures released by the Small Firms Association (SFA) showed that companies cut their wage bill by just under 20pc on average while 43pc of companies surveyed cut staff during 2009.

ICAP to shut cash equities business

BANKING

ICAP, the world's biggest inter-dealer broker, is to close down its unprofitable cash equities business only two years after it opened. The move is expected to cost £51m with the loss of 114 jobs.

Hewlett Packard facing UK strikes

Industrial Relations

TECHNOLOGY titan Hewlett Packard faces fresh strikes after staff at its plants in north-west and north-east England voted for industrial action. The company, which employs over 4,000 people in Ireland, is in dispute with its workers over pay.

US 'pay czar' to probe payments

Executive Pay

THE US "pay czar", Ken Feinberg, will review executive compensation at some of the top firms on Wall Street to determine if any bonuses, salary paid during a short window should be returned.

Irish Independent

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