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.
Professional Services Scientific, Architectural And Engineering Technical Activities Scientific Research And Development 72.19 - Other research and experimental development on natural sciences and engineering
1,000 jobs Number of planned job creations
Announcement Date
27 April 2021
Employment effect (start)
27 April 2021
Foreseen end date
1 January 2025
Description
French provider of processors SiPearl has announced that it will create 1,000 jobs in Europe by 2025. The business expansion involves several countries, starting with France and Germany.
Initially, the company plans to hire ten employees per month at its units in France and Germany, which specialises in digital semiconductor development, high-performance computing software, embedded security and encryption, and embedded Linux. SiPearl is committed to recruiting staff with diverse profiles, experiences, cultures and nationalities, notably looking to increase the number of women working in its profession.
Founded in January 2020, SiPearl operates in digital technology, AI and connected mobility as well as designs low-power microprocessor for the European exascale supercomputer. SiPearl is also a member of the Mont-Blans 2020 consortium to equip Europe with a dedicated modular and energy-efficient computing microprocessor. Currently, the company employs more than 30 staff in Europe.
Eurofound (2021), SiPearl, Business expansion in European Union, factsheet number 104930, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/104930.
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