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 Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64 - Financial service activities, except insurance and pension funding
180 jobs Number of planned job creations
Announcement Date
27 May 2021
Employment effect (start)
27 May 2021
Foreseen end date
Description
Retail bank, Permanent TSB is to create 180 jobs as part of the bank’s growth strategy. Recruitment for the roles has begun. The new jobs will be at senior and graduate level and will be in the areas of technology, business banking, risk management and data analytics. The bank currently employs 2,400 staff in Ireland.
The bank also has announced that its hybrid working arrangements for employees, including options to work from home for up to three days a week, a compressed working week, job sharing and the use of a network of hubs to cut commute times for workers.
The job creation plan is just six months after the bank announced a redundancy programme across the UK, with an aim of reducing its workforce to cut costs.
Eurofound (2021), Permanent TSB, Business expansion in Ireland, factsheet number 105014, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/105014.
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