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
150 jobs Number of planned job creations
Announcement Date
13 April 2021
Employment effect (start)
13 April 2021
Foreseen end date
Description
CyberCare, the previous customer service department of the Lithuanian Tesonet group, is to create around 150 new jobs in Vilnius in the coming years. According to the management, CyberCare is separating from the Lithuanian-capital cyber-security company Tesonet and will become an autonomous cyber security product service centre.
Currently, the company employs around 350 employees, and this number is expected to grow to 500.
CyberCare was established in Lithuania as a Tesonet customer service department. It serves customers from 170 countries across the world and provides consultations to more than 11 million clients each year.
Eurofound (2021), CyberCare, Business expansion in Lithuania, factsheet number 104610, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/104610.
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.
