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
175 jobs Number of planned job creations
Announcement Date
3 July 2018
Employment effect (start)
3 July 2018
Foreseen end date
3 July 2021
Description
Fintech company Fexco is to create 175 new jobs in Co Kerry over the next three years.
The jobs, based at the company's site in Killorglin, are in ICT engineering, software and sales to support new product development opportunities.
Fintech employs 1,000 people in Kerry already and 2,300 worldwide.
It was established in Kerry in 1981.
The jobs expansion measure is supported by Enterprise Ireland, which is backing the Fintech's 'ability to innovate and the new staff will work on products that are only now at inception stage.'
Sources
Citation
Eurofound (2018), Fexco, Business expansion in Ireland, factsheet number 94479, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94479.
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.
