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 64.19 - Other monetary intermediation
100 jobs Number of planned job creations
Announcement Date
11 May 2022
Employment effect (start)
11 May 2022
Foreseen end date
Description
Swedish capital credit management company Intrum Global Business Services is to create 100 new jobs at its services centre in Vilnius. The company has recently started implementing the ONE Intrum transformation programme, as a result of which the current Intrum Global Business Services Centre in Vilnius will become a Centre of Excellence for the entire group. According to the management, Intrum aims to switch from using multiple different debt management systems to a single and efficient group-wide system. The company is looking for project managers, process analysts, and data analysts. Currently, the centre in Vilnius employs 530 employees.
Intrum specialises in debt collection services; the company operates in 24 European countries and Latin America (Brazil). The centre in Vilnius was opened in 2014.
In total, the Intrum Group employs around 10,000 employees.
Eurofound (2022), Intrum Global Business Services, Business expansion in Lithuania, factsheet number 106834, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106834.
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.
