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.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62.02 - Computer consultancy activities
1,000 jobs Number of planned job creations
Announcement Date
17 February 2021
Employment effect (start)
17 February 2021
Foreseen end date
31 December 2021
Description
Cognizant Softvision, a software engineering company, announced the creation of 200 new positions. The expansion is expected to involve the company's five centres in Bucharest, Baia-Mare, Cluj-Napoca, Iasi and Timisoara and to be completed by the end of 2021.
In the context of working from home due to the COVID-19 pandemic, the company launched a new concept “The Place to Be, Now & Beyond”. The concept offers employees the opportunity to work from any location and sets to transform the company’s five centres into regional hubs used for business meetings and IT events.
In Romania, the company has a workforce of 2,000. Cognizant Softvision employs over 12,000 product, design and engineering specialists across a network of 40 studios in seven countries, spread over three continents. The company's global portfolio includes clients such as Groupon, Macy's and Mozilla.
Update, 27 July 2021:
During the first 6 months of 2021, the company recruited 500 employees instead of the initiallly planned 200. On 12 July 2021, the company announced its intention to hire an additional 500 employees by the end of 2021.
Eurofound (2021), Cognizant Softvision, Business expansion in Romania, factsheet number 103570, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/103570.
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