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 Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64 - Financial service activities, except insurance and pension funding
120 jobs Number of planned job creations
Announcement Date
7 March 2006
Employment effect (start)
Foreseen end date
31 December 2006
Description
Hewlett Packard Financial Services is to create up to 120 jobs in Leixlip, County Kildare, by centralising its operations for Europe, the Middle East and Africa in Ireland. The move which is being supported by Ireland's Industrial Development Agency (IDA), will create high-value financial services jobs this year. The jobs are being created in Hewlett Packard International Bank, a fully licensed bank. The bank is one of the largest International Financial Services Centre (IFSC)banks in Ireland. It allows HP Financial Services to offer equipment financing solutions to customers on a pan-European basis. Currently employing 240, HP Financial Services will have about 360 employees by the end of 2006.
Sources
20 March 2008: The Irish Independent
Citation
Eurofound (2006), Hewlett-Packard Financial Services, Business expansion in Ireland, factsheet number 63103, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63103.
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