‘No loss of Irish jobs’ at Facebook on tax shift

Facebook says it “does not anticipate” any job losses in Ireland and is committed to long-term investment as it announced it would start booking advertising revenue locally instead of rerouting it via its international headquarters in Dublin.

Facebook says it “does not anticipate” any job losses in Ireland and is committed to long-term investment as it announced it would start booking advertising revenue locally instead of rerouting it via its international headquarters in Dublin.

Facebook chief financial officer Dave Wehner said the company had decided to move to a local selling structure in countries where it has an office to support sales to local advertisers, causing analysts to speculate about the implications for Ireland after such a move.