World News: 00:01 GMT Thursday 10th October 2019. [Overstock.com, Inc. via Globe Newswire via SPi World News]
SALT LAKE CITY, Oct. 09, 2019 (GLOBE NEWSWIRE) -- E-commerce and technology leader (NASDAQ:OSTK) has opened its new European base in the IDA’s flagship North West business park in Sligo, and revealed it is on track to make its 100th Irish hire before year end.
The company last year announced the creation of 100 new technology jobs including senior roles in areas such as software development and testing, machine learning, and data analytics.
It now has more than 80 technologists working in Sligo and is on target to recruit another 20 staff before the end of the year. The company has been successful in underlining the affordable cost of living and lifestyle options in the North West along with attractive career progression opportunities.
Overstock has invested €1 million in making the move to the Westgate tech campus in the IDA’s business park in Finisklin, Sligo town.
The new facility was officially opened by Leo Clancy, Head of Technology for IDA Ireland with Overstock’s President of Retail Dave Nielsen, Chief Administrative Officer Carter Lee, and Irish-based Vice-president and Site Lead David Kenny.
Welcoming the new expansion by Overstock, the said:
Overstock is a billion-dollar and technology company founded in 1999 in Utah. In 2014, Overstock founded , its wholly-owned blockchain subsidiary focused on introducing blockchain technology to existing markets to democratize capital, eliminate middlemen, and re-humanize commerce.
For job opportunities in Sligo, Ireland, visit .
O, Overstock.com, O.com, Club O, Main Street Revolution, and Worldstock are registered trademarks of Overstock.com, Inc. Other service marks, trademarks and trade names which may be referred to herein are the property of their respective owners.
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements include all statements other than statements of historical fact including but not limited to our expectations regarding personalization technology. Additional information regarding factors that could materially affect results and the accuracy of the forward-looking statements contained herein may be found in the Company's Form 10-Q for the quarter ended June 30, 2019, which was filed with the SEC on August 8, 2019, and any subsequent filings with the SEC.
SOURCE: Overstock.com, Inc.
Globe Newswire: 00:01 GMT Thursday 10th October 2019
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