Workday, an American tech enterprise specialising in financial and HR software for large corporations, has halted its plans to establish a new European base in Dublin’s Grangegorman. This decision comes just a couple of years after the original announcement, taking towards an already present city centre. The objective now is to find an alternate location within Dublin to accommodate the expansion of their Irish staff, expected to rise from around 2,000 to 2,300 by 2025.
With the rapid growth in Dublin, the decision was made to utilise an existing office, rather than embarking on a new construction project. The company aims to reveal the selected Dublin location by 2024’s end and meanwhile, will run operations from their existing establishments at Kings Building, Dublin 7 and Dockline, Dublin 1.
It’s expected that the search for the new home will kick off next week, with a new location unveiling slated for the autumn. Previously, Workday had submitted initial plans to Dublin City Council proposing a mixed-use design with two office block varying from eight to twelve storeys. The plan was for a 51,000sq m campus at Grangegorman’s strategic development zone.
In response to this proposal, the council requested additional information. As a part of the plans updated this year, Workday provided letters of support from the local residents. Nonetheless, the Regina Coeli Hostel, run by the Legion of Mary and located near Workday’s proposed site, objected to the development plans.
Wordday’s decision to abandon the plans largely stemmed from the emergence of new, comparable office spaces around the city since 2022, when the original plans were proposed. This would permit the company to seal a deal for a recently built property quicker than securing approval for the Grangegorman project.
The tech firm, with headquarters in California, reported a revenue of $7.3 billion last year, marking an increase of 17% from 2022.