Genworth Financial

Type
Business expansion
Country
Ireland
Region
Ireland; Northern and Western; West
Location of affected unit(s)
Shannon
Sector
Financial / Insurance/ Estate
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
117 jobs
Number of planned job creations
Job creation
Announcement Date
9 July 2010
Employment effect (start)
Foreseen end date
31 July 2013

Description

American financial services multinational Genworth Financial has announced 117 new jobs over the next three years in the Shannon region in the mid-west of Ireland. Genworth began operating from Shannon in 1997 and presently employs 345 staff. The jobs expansion will increase total employment at the site to 462. The company employs over 6,000 in 25 countries and is involved in the lifestyle protection business, which helps clients meet repayments on loans, mortgages and other credit products.

Sources

Citation

Eurofound (2010), Genworth Financial, Business expansion in Ireland, factsheet number 70693, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70693.