Restructuring events
European Restructuring Monitor (ERM)
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.
American money transfer company Remitly is to create 120 jobs in Cork over the next six months. it is looking for customer protection associates, customer success team managers, and compliance analysts. Tánaiste Leo Varadka and IDA Ireland - which supports the company- welcomed the news.
The company provides digital financial services to immigrants and their families and established in Cork in 2020. It currently employs 110 people there. The office oversees customer service, money laundering, and anti-fraud operations, along with financial regulatory compliance.
The company was founded in Seattle in 2011 and employs 1,800 people worldwide.
Eurofound (2022), Remitly, Business expansion in Ireland, factsheet number 106712, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106712.