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.
Utilities Water Supply; Sewerage, Waste Management And Remediation Activities Waste Collection, Treatment And Disposal Activities; Materials Recovery 38.2 - Waste Treatment And Disposal
100 jobs Number of planned job creations
Announcement Date
31 May 2023
Employment effect (start)
31 May 2023
Foreseen end date
31 December 2025
Description
Irish IT recycling company Vyta has announced that it will create 100 new jobs worldwide by the end of 2025.
The company is to invest €6.40 million to expand its operations in Ireland and the UK. The company will recruit staff in finance, marketing, customer experience, service delivery, business development, operations, logistics, compliance, engineering, retail and business support.
The business expansion comes as the demand for ESG-related services is expected to be increased. Established in 2001, Vyta is an industry-leading IT Asset Disposition (ITAD) provider, delivering an end-to-end service that covers the entire IT lifecycle. Currently, the company employs about 120 people.
Eurofound (2023), Vyta, Business expansion in World, factsheet number 200982, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200982.
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.
