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.
US telecommunications multinational Verizon Communications is to open a second site in Ireland in early 2024 and create 400 new jobs over the next two years.
The company currently employs some 1,000 workers in Dublin and is now establishing a global centre of excellence in Limerick city. Jobs currently advertised for the new Limerick site include procurement agents supervisor, global procurement senior manager and procurement graduates. According to reports, the number employed at the Limerick facility could potentially be much higher, depending on demand for its services and availability of staff.
Verizon is one of the world’s leading providers of technology and communications services.
Eurofound (2023), Verizon, Business expansion in Ireland, factsheet number 200775, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200775.
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.
