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.
Tieto, a Finnish IT service company, has announced plans to create 450 new jobs in 2018 at its two Czech sites in Ostrava and Brno. The company has also confirmed that this year the number of employees in the Czech Republic has increased by 150 people to the current 2,520 employees.
For long, the company has been collaborating with universities with an idea of preparing students to be their future workforce in Czech republic. Tieto is now focusing on eleven-year-old pupils in elementary schools and multi-year grammar schools.
In the framework of educational activities Tieto has launched two new projects. A project named Future of work sheds light to the jobs in the future. Idea behind the project is to give information to pupils because 70 percent of them will work in positions that do not exist yet. Another Tieto project in Czech Republic supports young talents at the age of 16 who need mentoring with their ideas and projects.
Eurofound (2017), Tieto Czech, Business expansion in Czechia, factsheet number 92733, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/92733.