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
150 jobs Number of planned job creations
Announcement Date
20 September 2005
Employment effect (start)
Foreseen end date
20 September 2030
Description
CIT Group, a finance provider, has announced that it is to create 150 new jobs in Dublin over the next three to five years, following the expansion of its European vendor finance headquarters. As a result, the number of employees at the Dublin office will increase from 450 to about 600. The expanded facility serves as a hub for the company's growing vendor finance business in Europe, which provides Dell, Microsoft and Avaya with finance options for their customers. The Dublin office opened in 1999.
Sources
20 September 2006: The Irish Times
Citation
Eurofound (2005), CIT Group, Business expansion in Ireland, factsheet number 65799, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65799.
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