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.
Shift4, a US integrated payment solutions company, is expanding its branch in Vilnius and by the end of 2023 plans to hire 200 new employees.
The largest team growth is planned in the Operations Management Centre – customer service, risk management, and other specialists will be employed here. Development is also planned in the Software development department: the company is looking for experienced software development specialists – Android, JavaScript – programmers. In addition, not only existing teams are growing – it is planned to establish a new Shift4Shop department, which will advise customers using the online shopping platform.
Competing in the market for IT specialists, the company uses various methods of attracting employees – offers company stock packages, has a financial incentive programme, according to which the existing employees of the company are encouraged to bring in new colleagues.
The "Shift4" branch in Vilnius was established in 2017 and is the company's only office in Europe.
Eurofound (2023), Shift4, Business expansion in Lithuania, factsheet number 108852, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/108852.