Facebook Announces Plan to Create New Jobs for its Payments Subsidiary Calibra

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Facebook is actively hiring for hundreds of roles in Ireland and intends to create 50 new jobs by the end of 2020 for its financial services subsidiary Calibra. At a time when many businesses are cutting jobs due to the Covid-19 crisis, Facebook said its Irish operations remain “critically important” to the company and it plans to continue investing in Ireland.

The social media giant, which also owns Instagram and WhatsApp, first established operations in the Republic in 2009 with just 30 people. It now employs more than 5,000 people across Facebook and its partner companies. In addition to its offices in Dublin, the company also has a data centre in Clonee, Co Meath, while its virtual reality subsidiary Oculus established a research lab in Cork in 2017.

Calibra, a company founded last year to develop a digital wallet for the Facebook-backed libra cryptocurrency project, has already assembled a small team in Dublin but now intends to expand this significantly.

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