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Dublin Is Bursting at the Seams

  • U.S. multinationals driving competition for talent, offices
  • Pressure from big firms squeezing smaller local businesses
 Google Inc.'s European headquarters viewed from the Grand Canal Dock in Dublin, Ireland. 

 Google Inc.'s European headquarters viewed from the Grand Canal Dock in Dublin, Ireland. 

Photographer: Simon Dawson/Bloomberg

Conall Laverty, who raised over $1 million for his Dublin-based startup, jokes that his mother still wants to know when he’s going to get a real job -- maybe at Google or one of the other technology giants scattered across the city.

U.S. companies flooding into Ireland now employ, either directly or indirectly, about one in five workers in the country. Last month, Facebook Inc. and Salesforce.com Inc. unveiled plans to hire 2,500 more people in Dublin. With these global behemoths dominating Dublin, boosting wages and other costs, it’s become tricky for startups like Laverty’s Wia to fill vacancies.