The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial Services Activities Auxiliary To Financial Services And Insurance Activities Activities Auxiliary To Financial Services And Insurance Activities 66 - Activities auxiliary to financial services and insurance activities
100 jobs Number of planned job creations
Announcement Date
28 April 2020
Employment effect (start)
28 April 2020
Foreseen end date
31 December 2020
Description
Financial services firm, Fidelity Investments, is planning to hire 100 new staff in the coming months.
The new jobs will be based in Dublin and Galway and will be primarily for software engineers.
Fidelity currently employs 1,100 people in Ireland. The company said that new recruits would go through a safe and enhanced 'on-boarding' process despite the COVID-19 restrictions.
All of the company's existing workforce in Ireland are working from home, during the COVID-19 crisis. Fidelity says that it has provided enhanced supports and benefits to its employees focused on time, flexibility and care services.
Eurofound (2020), Fidelity Investments, Business expansion in Ireland, factsheet number 100519, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/100519.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
