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.
Financial Services Activities Auxiliary To Financial Services And Insurance Activities Activities Auxiliary To Financial Services And Insurance Activities 66.19 - Other Activities Auxiliary To Financial Services, Except Insurance And Pension Funding
100 jobs Number of planned job creations
Announcement Date
2 July 2024
Employment effect (start)
2 July 2024
Foreseen end date
Description
Euroclear, a financial services provider, plans to increase its workforce by 100 in its Shared Service Centre in Kraków.
The business expansion, which began in 2023, is now expanding into 2024. Recruitment is ongoing, with open roles for AI, cybersecurity, and data analysis specialists.
Euroclear, based in Brussels, has been operating in Poland for 11 years. It employs over 1,300 employees in Krakow and provides post-trade services in 90 countries, managing assets worth €27 trillion. The Kraków office supports Euroclear's global operations and functions.
Eurofound (2024), Euroclear, Business expansion in Poland, factsheet number 201366, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201366.
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.
