Multinational firm creates 45 jobs in Sligo
ONLINE discount retailer Overstock.com is setting up a software development team in Sligo, creating 45 jobs.
The US company is headquartered in Salt Lake City, Utah. It was founded in 1999 and now has just under a million products listed on its site including furniture, bedding, electronics, clothing and even cars.
It employs more than 1,300 people around the world. In 2010 it was ranked as the number one US retailer for employee satisfaction in a survey commissioned by Forbes.
Overstock is listed on the NASDAQ and had sales of $1.09bn last year.
“Today’s announcement that leading on-line retailer Overstock.com is to establish a key technology group here, with the creation of more than 45 jobs in Sligo is great news for the north-west, and is a significant endorsement of both Sligo and Ireland in delivering the needs of multinational companies” said Jobs Minister Richard Bruton.
‘Overstock is an ambitious, dynamic and technology led company that is excited with the potential that Sligo and Ireland offers. The Irish development team will be involved centrally in many existing activities and will lead on several new and initiatives associated with our International expansion” said Steve Tryon, senior vice president at Overstock.