US financial management software company Workday will create 1,000 new jobs over the next two years at its European headquarters in Dublin, increasing its Irish workforce by around 60%.
Additionally, to support future growth and deepen partnerships with local communities, Workday will build its new European headquarters in Grangegorman, Dublin 7.
Workday will hire for roles in product development, engineering and data science, sales, service, and user experience.
The company currently employs over 1,700 people in Dublin, helping to support the organization’s more than 9,500 customers worldwide.
Workday’s new European headquarters in Grangegorman will be a “highly sustainable” 550,000 square foot campus on approximately four acres in a strategic development area, adjacent to Dublin’s University of Technology.
The company has agreed to buy the site from the Health Service Executive (HSE). The Grangegorman Development Agency (GDA) is the public developer of the site.
As planning for the design of the new European headquarters begins, Workday will become the anchor tenant of the Dockline Building in Dublin 1, helping to expand its existing headquarters in the Kings Building.
“As well as having excellent transport links and facilities, the 80,000 square foot Dockline building has around 200 bike spaces and is BER A3 rated,” the company said on Monday.
Workday co-chief executive Chano Fernandez said the “incredible talent” the company has been able to hire in Dublin has been a “critical part” of its innovation and customer service efforts.
“We see great opportunities ahead as we help some of the world’s largest organizations in their digital transformation efforts, including how they adapt to change, plan for the future and support their employees in a world of change. evolving work,” he added.
Chris Byrne, senior vice president of Workday, said the planned headquarters in Grangegorman “will provide us with a contemporary and thoughtful place to work to deliver even better employee experiences and drive customer initiatives.”
“Equally importantly, we will be able to engage more deeply in our local education and community programs, including our STEM partnership with Dublin University of Technology, which will help improve the skills of young people ranging from primary school age to higher education,” he said.
An HSE spokesperson said it was “pleased to facilitate the sale” of some of the land it has retained at Grangegorman to Workday.
“This part of the site has always been identified as a commercial area and having Workday’s new European headquarters on campus goes beyond the original vision for this area,” he said.
“This significant development will enhance the entire Grangegorman campus which will be uniquely shared between the HSE, Dublin University of Technology, the new local primary school and Workday,” he added.
Workday has experienced significant revenue and workforce growth in recent years, with the number of employees it employs locally more than doubling in the past five years.
Revenue for the software-as-a-service company’s Irish subsidiary was $994.3m (€882.5m) for the 12 months to January 2021, down from $817.8m. million dollars a year earlier. Pre-tax losses fell from $707 million to $469 million over the same period.
Net assets were $2.6 billion, compared to $3.15 billion the previous year.
Workday established its European headquarters in Ireland in 2008 following the acquisition of Cape Clear Software.
Founded by former PeopleSoft founder and CEO Dave Duffield in 2005, Workday provides financial management, human capital management, and analytics applications through the cloud to more than 1,000 organizations worldwide. Customers include Aon, Airbus, Fedex, Levi Strauss, Comcast, Puma and Sanofi.