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.
Northern Ireland; West and South of Northern Ireland;
Location of affected unit(s)
Newry
Sector
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62 - Computer programming, consultancy and related activities
200 jobs Number of planned job creations
Announcement Date
27 September 2018
Employment effect (start)
Foreseen end date
1 October 2021
Description
First Derivatives, a software company which specialises in financial analysis software, has announced plans to create 200 new jobs at its headquarters in Newry, Northern Ireland, as it seeks to expand into new markets. The jobs will be added over a three year period and are part of a worldwide increase of around 1,000 jobs over the same time frame. As of October 2018, the business employs around 2,400 people worldwide. As part of the expansion, First Derivatives will be opening new premises in Newry which will accommodate 200 workers.
Sources
Citation
Eurofound (2018), First Derivatives, Business expansion in United Kingdom, factsheet number 95707, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/95707.
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