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Global Shares Announces 150 Jobs

Global Shares Announces 150 Jobs
14 September 2020
Est. Reading: 2 minutes

The Cork-based Fintech firm Global Shares has announced 150 jobs that need to be filled right away. They also have plans to have a total of 1,000 employees by 2024.  

Headquarters of Global Shares in Clonakilty has developed software for employee share plan management. They are expecting to expand their business significantly in the next few years.  

They made the announcement on the 11th of September where Taoiseach Micheál Martin was in attendance, that the company plans to hire 150 people immediately for high-skilled roles in areas such as compliance, cybersecurity, project management, software development and financial reporting.  

The Fintech Cork-based firm currently employs 167 staff at its headquarters on the outskirts of Clonakilty. In addition, it employs 35 in its office in Cork city centre which opened just last year. Global Shares also has offices in Miyazaki, Hong Kong, Beijing, London, Barcelona, Nashville, Tokyo and New Jersey.  

The firm also plans to increase its total workforce from 370 to 1,000 by 2024. The company has also said that within the next four years, they are on track to achieve unicorn status. Generally, only companies with a valuation over $1 billion will achieve this. 

Tim Houstoun, CEO for Global Share says, “Our growth over the past couple of years has been enormous, but over the next few years, we’re aiming to be west Cork’s first unicorn, and we’re on track to achieve that,”.  

He adds, “This is something that is exciting for many reasons – including the fact that as an employee-owned company, many of our own staff will reap the rewards of the hard work they’ve put in over the years.” 

A Remarkable Journey Says Taoiseach 

Global Shares was founded as a services company in 2005 in Clonakilty. It launched its proprietary software platform in 2015 and its current clients include Fujitsu, Cargill, Krispy Kreme and many more.  

The Taoiseach has said that Global Shares’ impact has been quite “a remarkable one”. He has said the latest job announcement “marks another step in what is an exceptional journey”.  

The announced jobs are being created with support from the Enterprise Ireland. Julie Sinnamon, CEO of the agency has said that for many years, they have worked closely with the fintech firm and supported its growth from Clonakilty into over 100 markets worldwide 

She explained, We are delighted to support the new jobs announced today, which will help further Global Shares’ innovation focus, and look forward to continuing to support their global ambitions for many years to come,”. 

To apply for one of Global Shares may roles, click this link 

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