Facebook is planning to quadruple the floor space at its international headquarters in Dublin and double the number of staff it has there as it enters a long-term lease in the country, the company told Reuters on Thursday.
Facebook said Thursday that it will hire an additional 5,000 employees as part of the expansion of the office. Currently, the company has 4,000 employees at that office, according to Reuters.
Gareth Lambe, an executive at Facebook Ireland, said in a statement Thursday that Facebook is "investing here for the long term," Reuters reported.
“This significant investment in a 14-acre campus with capacity for thousands more employees demonstrates our commitment to Ireland, our desire to grow our business here and continue to contribute to the economy," he added.
Reuters also reported that, under its new lease, Facebook will move into the headquarters of Allied Irish Banks, a bank in Ireland.