Thursday 19 September 2019

Brexit made Ireland the top EU destination for jobseekers, says Indeed chief executive

CEO Chris Hyams at Indeed’s EMEA HQ at Capital Dock on Sir John Rogerson’s Quay, Dublin. Picture: Frank McGrath
CEO Chris Hyams at Indeed’s EMEA HQ at Capital Dock on Sir John Rogerson’s Quay, Dublin. Picture: Frank McGrath

Michael Cogley

Ireland became the top European destination for job seekers immediately after the UK voted for Brexit, the head of the world's largest job-search engine, has said.

Indeed chief executive Chris Hyams also revealed that the company will be moving its 600 staff out of its St Stephen's Green premises to a new headquarters in the Dublin Docklands.

In an interview with the Sunday Independent, Hyams said that there had been a switch in job seekers' focus from London to Ireland.

"In the period immediately following Brexit what we did see was that London used to be the number one destination for searches outside of a home country to another location in the EU.

"Immediately following the Brexit vote, that shifted to Ireland," Hyams said.

"There was a huge amount of interest from other EU companies who used to be looking towards the UK but are now looking to Ireland. Companies are paying close attention, but nobody knows what's going to happen right now - but we feel confident about the Irish economy."

Indeed now has 29 offices in 14 countries. It's owned by Japanese giant Recruit Holdings, which touts annual revenues of 1.84 trillion yen. Indeed's Irish arm turned over €345.7m in 2017, according to its most recent results.

The company has two offices here, one in Capital Dock and another on St Stephen's Green.

"About two-thirds of our staff are on the green, and a third are based here in Capital Dock," Hyams said.

"We've much more building work to be finished in the docks and we're planning to move all of our staff over here.

"This is definitely our future home, we've a long-term lease here and having started out in the docklands originally it's great to come back," he added.

Hyams said the company had yet to decide what to do with its premises on St Stephen's Green.

Last week the business announced the creation of 600 new jobs at its Dublin base, which is its European HQ.

Full interview: 'We want every job ad in the world'

Sunday Indo Business

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