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.
Financial Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64 - Financial service activities, except insurance and pension funding
600 jobs Number of planned job creations
Announcement Date
20 November 2014
Employment effect (start)
Foreseen end date
Description
Financial services company Citi has announced the creation of 600 new jobs at its office in Belfast, Northern Ireland. The expansion will add to the 1,500 staff already employed at the office in the Titanic Quarter. Invest NI are supporting the creation of the new jobs with grants of approximately £6 million. The salaries for the new jobs are understood to be in the region of £35,000. The company has been steadily increasing its presence in the city since it first opened offices in Belfast in 2004. It is not known when these new jobs will be filled.
Sources
20 November 2014: BBC Website
Citation
Eurofound (2014), Citi, Business expansion in United Kingdom, factsheet number 77923, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77923.
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