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.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62 - Computer programming, consultancy and related activities
162 jobs Number of planned job creations
Announcement Date
2 October 2007
Employment effect (start)
Foreseen end date
Description
Mformation, a firm that provides software for mobile telecommunication firms, is to create 162 new jobs in Belfast. The firm will establish a development and technical support centre within the city. Invest Northern Ireland, an organization that promotes investment within Northern Ireland, has offered assistance of 2.1 million GBP in support of the project. Northern Ireland Economy Minister Nigel Dodds said that Northern Ireland now had a number of hi-tech companies servicing the international mobile telecoms industry. He stated:
‘Mformation's decision to locate in Northern Ireland is testament to our strong knowledge base, ICT infrastructure and talented people.’
Mark Edwards, chief executive of Mformation, said that Northern Ireland offered ‘an outstanding location option’ for the company.
‘The Belfast operation will become a centre of technical excellence and as a key strategic development facility, it will offer advanced career opportunities for skilled people across Northern Ireland,’
As of October 2007, there is no information on when the site will begin operating.
Sources
2 October 2007: BBC News
Citation
Eurofound (2007), Mformation, Business expansion in United Kingdom, factsheet number 65878, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65878.
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.
