G4S

Type
Business expansion
Country
Belgium
Region
Location of affected unit(s)
Sector
Administrative Services
Security And Investigation Activities
Private Security Activities
80.10 - Private security activities
1,000 jobs
Number of planned job creations
Job creation
Announcement Date
8 March 2017
Employment effect (start)
10 March 2017
Foreseen end date

Description

G4S a British multinational security services company has announced that it will hire an additional 1,000 employees in 2017. The rise in terror attacks and threats throughout the year has led to a rise in demand for security services. The company noticed a clear rise in demand especially in the following sectors: aviation, critical infrastructure and events. On top of that, the company was one of the main private companies involved in the surveillance of asylum centres, which opened up a significant additional market.

Sources

  • 8 March 2017: De Morgen
  • 8 March 2017: De Tijd

Citation

Eurofound (2017), G4S, Business expansion in Belgium, factsheet number 90493, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90493.