Tyco to move its global headquarters to Cork

Fire prevention and security specialist Tyco has moved its global headquarters from its native Switzerland to Cork just years after dramatically reducing its presence in the city.

Its global headquarters will be based at the same location as its current global business services centre in City Gate, Mahon, although a number of employees could also be housed in One Albert Quay in the city centre.

As revealed by the Irish Examiner in January, the company is to add hundreds of additional employees to its Cork operations with Tyco yesterday putting the number as high as 600; bringing its total Irish workforce to about 700.