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.
Administrative Services Office Administrative, Office Support And Other Business Support Activities Office Administrative, Office Support And Other Business Support Activities 82 - Office administrative, office support and other business support activities
125 jobs Number of planned job creations
Announcement Date
22 August 2007
Employment effect (start)
22 August 2007
Foreseen end date
22 August 2009
Description
Checkwell Decision Corporation, a Canadian firm that checks the backgrounds of employees, is to open a new site in Swansea and create 125 jobs for University graduates over the next two years. The site will become the firm’s UK headquarters, and the firm will offer services including credit, background and criminal record checks on people applying for jobs as well as reference verification. The firm has received funding from the Welsh Assembly Government to open in Wales, and will offer its services to the banking, insurance, education and business sectors in the UK and Europe. Welsh Assembly Government Deputy First Minister Ieuan Wyn Jones said the ‘niche’ market was worth around £200m a year in the UK. He stated:
‘Although relatively new to the UK, it is a tried and tested business model in North America and the company is confident they can replicate that success in the UK.’
‘It may well serve as a catalyst that could open up a new market sector placing Checkwell and Swansea in pole position to exploit these new opportunities.’
Dean Drysdale, chairman of Checkwell Decision Corporation, said, ‘With the support of the Welsh Assembly Government, we are delighted to have a base in Swansea.’
‘With a well-qualified graduate population this will be a great base for our company.’
Sources
22 August 2007: BBC News
Citation
Eurofound (2007), Checkwell Decision Corporation, Business expansion in United Kingdom, factsheet number 65721, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65721.
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.
