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
100 jobs Number of planned job creations
Announcement Date
10 March 2022
Employment effect (start)
10 March 2022
Foreseen end date
Description
Bank of Ireland is to create 100 new technology-focused jobs in Ireland, in order to develop the Bank’s digital banking services. Recruitment is part of the digital transformation programme that aims to boost digital services across personal, business, and corporate banking, and wealth and insurance business. New positions will be for technical architects, software developers, engineers, specialised project managers and data analysts.
The jobs will be on a flexible basis in line with the Bank’s flexible working policy; they can be based in any region of Ireland, with a combination of remote working and central office locations with access to a network of remote working hubs.
These new roles are in addition to 130 IT specialist roles announced in April 2021 (Bank of Ireland-2021-IE).
Eurofound (2022), Bank of Ireland, Business expansion in Ireland, factsheet number 106452, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106452.
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.
