More than 500 jobs for Cork as Tyco deploys new business services centre

27 Jan 2014

Multinational fire protection and security company Tyco is to create more than 500 new jobs in the next three years at a new business services centre in Cork.

Switzerland-headquartered Tyco has 3m customers around the globe and US$100m in annual revenues.

The company employs 65,000 people in 1,000 locations across 50 countries.

The new business service centre in Cork will enable the company to improve the efficiency of processes in several central support functions, including finance, sourcing and procurement, customer service, research and development, and information technology.

Culture of innovation

“We are pleased to propose the creation of a new business services centre in Cork,” said Tyco CEO George Oliver.

“This centre will enable us to deliver services more efficiently, increasing our competitiveness, customer satisfaction and shareholder value.”

The company said it was attracted to Ireland’s expertise and culture of innovation, as well as the availability of a strong technical workforce that will enable it to hit the ground running.

Jobs Minister Richard Bruton said more than 13,000 jobs in multinational companies have been added to Ireland in the past two years.

“Today’s announcement that Tyco is establishing an operation in Cork with the potential to create more than 500 jobs is a huge boost for the city and for Ireland,” said Bruton.

“I am determined that with the strong implementation of our (Action Plan for Jobs) we can see further announcements like this to create the jobs we need.”

IDA Ireland CEO Barry O’Leary said the 500 jobs will provide a strong boost to the local economy.

“Cork is home to 149 overseas companies in the south-west region employing 27,860 people. In recent years, Ireland has experienced a general improvement in its cost competitiveness.

“This Tyco centre will provide opportunities for candidates with a variety of educational backgrounds,” O’Leary said.

John Kennedy
By John Kennedy

John Kennedy is a journalist who served as editor of Silicon Republic for 17 years. His interests include all things technological, music, movies, reading, history, gaming and losing the occasional game of poker.

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