US-based tech company Overstock is to create 100 new research and development roles in its European base, in Sligo.
The new full-time positions will include junior and senior roles in areas such as software development and testing, machine learning, and data analytics.
Overstock is an online retailer based in Salt Lake City, Utah that sells a broad range of home-improvement products, including furniture, decor, rugs and bedding. Overstock.com offers a variety of products including jewelry, electronics, and apparel.
Its Sligo office was established in 2013 and currently employs 40 technologists. Its location on the Wild Atlantic Way was selected for the burgeoning tech community, easy access to outdoor activities, affordable cost of living, and easy commuting times.
Welcoming the new expansion, the Minister for Business, Enterprise and Innovation, Heather Humphreys TD said: “I am delighted to see the expansion of Overstock and the creation of 100 highly skilled R&D jobs. It has been a tremendous year for Sligo in terms of enterprise development and this announcement reiterates the Government’s commitment under the Regional Action Plans for Jobs to ensure we have the right conditions in place to encourage the creation of quality jobs in the regions.”
CEO, IDA Ireland, Martin Shanahan also welcomed the announcement saying: “This significant expansion clearly illustrates the confidence Overstock has in the region’s talented workforce to drive the company’s international growth. This announcement comes on the back of a number of positive FDI investments for Sligo in recent months.”