Restructuring events
European Restructuring Monitor (ERM)
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.
Payments company Chase Paymentech is to create 100 new jobs in Dublin due to the establishment of its EU headquarters. The company is a payment services provider and credit card processor, focused on electronic commerce. Its clients include Dell, Google and Amazon. Dublin was chosen because of its perceived large supply of skilled/educated graduates.
Within three years, it is envisaged that the new office will provide operational support for a 100-person team across Europe responsible for expanding Chase Paymentech operations, marketing initiatives and customer support activities outside the United States. Chase Paymentech president and CEO, Michael Duffy, stated: "Our Dublin presence enhances the company's broader strategy to best servce our merchant partners and their customers around the globe through a series of cross-border automatic clearing initiatives".
Eurofound (2008), Chase Paymentech, Business expansion in Ireland, factsheet number 66389, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66389.