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.
American software company Yooz has announced that it will create about 100 new jobs worldwide by the end of 2024.
The recruitment programme is to accelerate the company’s growth in France and internationally, including in the United States. The source reports that the company has launched a new programme to electronic invoicing. The move is due to this kind of invoicing being expected to be mandatory in the EU from 2026.
Founded in 2020, Yooz provides cloud-based Purchase-to-Pay (P2P) automation solutions to clients and customers in about 40 countries worldwide. Currently, the company employs about 500 people in the United States and France.
Eurofound (2024), Yooz, Business expansion in World, factsheet number 201316, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201316.