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.
Information Technology firm CGI UK has announced that it is to create more than 620 further jobs at its site in South Wales. The company, which currently employs approximately 900 staff at three sites near Bridgend, has confirmed that these new jobs will be filled over a five-year period, though recruitment for the positions has already started.
It is being reported that the jobs will be for positions involving application development, service desk operation, data centre operation, cloud computing and cyber security. It is reported that 40 per cent of the new jobs will be for new entrants into the IT sector, including graduates and apprentices.
The jobs follow investment of £3.2 million of business finance from the Welsh Government in addition to other support from the Government’s Skills Growth Wales programme.
Eurofound (2014), CGI UK, Business expansion in United Kingdom, factsheet number 77747, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77747.