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.
Public Administration And Defence Public Administration And Defence; Compulsory Social Security Provision Of Services To The Community As A Whole 84.2 - Provision of services to the community as a whole
500 jobs Number of planned job creations
Announcement Date
27 January 2014
Employment effect (start)
27 January 2014
Foreseen end date
Description
Fire protection and security company Tyco is to create 500 jobs over the next three years in a new business services centre in Bishopstown, Co Cork. The new jobs will be in sourcing and procurement, customer service, research and development, information technology and finance roles.
The company’s vice president said Tyco selected Ireland for its new centre because of its knowledge base as well as the "availability of a strong technical workforce".
The company had previously employed 500 people in manufacturing facilities in Cork and Shannon, but they closed in 2007 and 2008 due to competitiveness factors.
Sources
27 January 2014: The Irish Times
27 January 2014: Irish Independent
27 January 2014: RTE
Citation
Eurofound (2014), Tyco, Business expansion in Ireland, factsheet number 76485, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76485.
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