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 Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security 65 - Insurance, reinsurance and pension funding, except compulsory social security
125 jobs Number of planned job creations
Announcement Date
20 January 2015
Employment effect (start)
20 January 2015
Foreseen end date
31 December 2015
Description
Insurance firm, Acorn Life, is to expand its Irish workforce by 125 in 2015. The roles are in financial advice, administration, actuarial and IT positions. The company opened new offices in Sligo and Dublin in 2014 with its employment growing by 75 last year. It now employs over 300 people. Acorn Life expects its home insurance division to double by 2016.
Sources
20 January 2015: The Irish Times
21 February 2015: Irish Independent
20 January 2015: Irish Examiner
Citation
Eurofound (2015), Acorn Life, Business expansion in Ireland, factsheet number 78155, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78155.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
