Verizon new Global Centre of Excellence to create more than 400 jobs in Limerick

Pictured in Limerick City were L-R James Gowen, SVP Global Supply Chain and Chief Sustainablility Officer Verizon, Minister Simon Coveney TD, Valerie Feldman, SVP Strategy and Transformation Verizon and Michael Lohan, CEO IDA Ireland as Verizon announces 400 jobs for Limerick. Pic Arthur Ellis

“One of the world’s leading providers of technology and communications” Verizon to create 400 jobs in new Limerick Global Centre of Excellence

One of the world’s leading providers of enterprise and consumer communications and technology services, Verizon has announced the establishment of a Global Centre of Excellence in Limerick, Ireland.

This initiative will create hundreds of jobs over the next two years adding to the 1,000 high-skilled professionals currently working for the company in Dublin, where it has been since 2006.

Minister for Enterprise Trade & Employment Simon Coveney said announcement “like this one” should never be taken for granted, saying, “One of the world’s leading providers of technology and communications services has chosen Limerick for their new Global Centre of Excellence. More than 400 jobs will be generated from this announcement. This is a significant commitment and endorsement of Ireland, and in particular, the skilled workforce in Limerick. I want to thank Verizon for their continued investment in Ireland.”

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Verizon has retained 10,000m2   of the new 1BQ riverside development, which is designed to achieve LEED GOLD standard, and a Wiredscore Platinum certification.  Developers Kirkland Investments anticipate 1BQ will be ready to welcome Verizon in Q1 next year.

“This Centre of Excellence will bring together key functions in a creative, collaborative environment that leverages global talent and maximizes our shared services model to best deliver for our businesses globally,” said Craig Silliman, President, Verizon Global Services.

“As we continue to leverage our global footprint to best serve our customers, grouping these functions in a world-class centre will improve effectiveness and efficiency to deliver best-in-class results for our customers, employees, and partners.” 

Speaking in response to the IDA and Version announcement today, Limerick Chamber CEO Dee Ryan said, “We are excited to welcome Verizon to Limerick, a company that is well known and highly regarded in Ireland with over 1,000 employees in Dublin.  

“The decision to locate a Global Centre of Excellence and 400 jobs in the Midwest is a testimony to the availability of skilled talent, high quality commercial space and the pro-business environment in the region.  

“This investment decision is particularly significant because of the choice of Limerick city centre as home for Verizon. 1BQ is a landmark building on our riverside and we commend its developers Kirkland Development for their investment, as well as Limerick City and County Council and the IDA Mid-West for their support to make today’s announcement possible.

“Verizon’s announcement marks an important moment in the evolving story of Limerick city and we are grateful for their backing. Limerick Chamber is committed to working with the team at Verizon to support them on the journey to success.”

CEO of IDA Ireland Michael Lohan said: “Verizon’s decision to expand its presence here demonstrates its confidence in Ireland.  The selection of Limerick City for this Centre of Excellence and the creation of roles across multiple strategic global functions, including, Strategy & Transformation, Finops and Network Engineering & Cyber will position the Mid West and Ireland well for future investment in the sector. I’d like to wish Verizon every success with this expansion and assure the leadership team of IDA Ireland’s continued support.”

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