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 Architectural And Engineering Activities; Technical Testing And Analysis 71.12 - Engineering activities and related technical consultancy
200 jobs Number of planned job creations
Announcement Date
18 March 2022
Employment effect (start)
1 April 2022
Foreseen end date
Description
The Akt.io platform, created by the Irish subsidiary of Automata Group, is a ‘wealthtech’ platform aiming to democratise access to wealth management. It has collected a €27 million fundraising and is to create over 200 jobs in Biot. The reason behind the job creation is to boost its research and development activity.
The company is already present in Paris, Dublin, London, Berlin, and Dubai, and opened new offices in the technology hub of southern France, in Sophia Antipolis, in 2020, where it has recruited more than 100 people over the past eight months.
Eurofound (2022), Automata, Business expansion in France, factsheet number 106545, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106545.
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.
