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 / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62 - Computer programming, consultancy and related activities
100 jobs Number of planned job creations
Announcement Date
14 October 2016
Employment effect (start)
Foreseen end date
Description
SAP Hungary (Hungarian subsidiary company of the SAP German business management software company) will have created 250 new jobs, a portion of which have already been filled, by early 2017 with a 4 billion HUF (EUR 13 mn) investment. The project includes a 5,500-square-metre new office building. The company has already invested 3 billion HUF (EUR 10 mn) in Hungary in 2015 creating 100 new jobs.
Sources
17 October 2016: Vilaggazdasag Online
14 October 2016: Hirado.hu
Citation
Eurofound (2016), SAP Hungary, Business expansion in Hungary, factsheet number 88884, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88884.
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.
