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.
E-commerce company, Overstock, is to create 100 new jobs in Sligo.
The new roles will be in software development and testing, machine learning, and data analytics.
Overstock currently employs 40 people in Sligo, having established operations in Ireland in 2013. The company is headquartered in Utah, USA.
Overstock runs an online retail wesbite as well as blockchain accelerator Medici Ventures.
One of the attractions of the west Ireland location according to the company was the reasonable cost of living and quality of life compared to the Dublin region.
Eurofound (2018), Overstock, Business expansion in Ireland, factsheet number 95617, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/95617.