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 Market Research And Advertising Services Advertising And Market Research 73.20 - Market research and public opinion polling
200 jobs Number of planned job creations
Announcement Date
1 June 2023
Employment effect (start)
1 June 2023
Foreseen end date
Description
UK market research, insights and consulting company Kantar has opened a new global technology and Innovation Hub in Matosinhos, Porto.
The new competence centre will serve as an incubator for the new technologies that will underpin Kantar's future products and platforms. Initially, the hub will create around 200 qualified jobs, notably engineers. Over the next four years Kantar will create more 400 jobs.
The company has more than 25,000 workers in more than 90 markets and has offices on all continents Its turnover is more than €2.5 billion.
Eurofound (2023), Kantar Innovation Hub, Business expansion in Portugal, factsheet number 109183, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/109183.
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.
