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.
Financial Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64.9 - Other financial service activities, except insurance and pension funding
165 jobs Number of planned job creations
Announcement Date
9 December 2020
Employment effect (start)
9 December 2020
Foreseen end date
9 June 2021
Description
TransferWise, an English online money transfer company, has announced 165 hires in the next six months, in Tallinn.
TransferWise currently employs 2,200 people and plans to hire 750 more people worldwide. Recruitment follows the company's exponential growth, with a 70% growth revenue in 2020. At the moment, the nearly 10 years old company serves 9 million costumers with 14 offices all over the world.
Eurofound (2020), TransferWise, Business expansion in Estonia, factsheet number 102894, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/102894.
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