MassMutual

Type
Business expansion
Country
Romania
Region
Location of affected unit(s)
Bucuresti, Cluj-Napoca
Sector
Information / Computing
62 - Computer programming, consultancy and related activities
62 - Computer programming, consultancy and related activities
62 - Computer programming, consultancy and related activities
250 jobs
Number of planned job creations
Job creation
Announcement Date
5 February 2021
Employment effect (start)
5 February 2021
Foreseen end date
31 December 2021

Description

MassMutual, a US insurance company, announced the creation of 250 new positions in 2021. The company is looking mainly for software development, data science, engineering, DevOps, SecurityOps, and cloud engineering professionals. The new positions are available at its centres in Bucharest and Cluj-Napoca (Napoca County).

MassMutual will invest more than €1 million in opening the Bucharest and Cluj-Napoca offices. The operations in Romania will focus on developing the software that generates insurance products and assess the risks associated with them.

Mass Mutual was established in 1851, is headquartered in Massachusetts, United States and has a workforce of 6,000.

Sources

  • 5 February 2021: Ziarul Financiar (short version of the article) (www.zf.ro)
  • 5 February 2021: zcj.ro (zcj.ro)
  • 15 January 2021: revistabiz.ro (www.revistabiz.ro)

Citation

Eurofound (2021), MassMutual, Business expansion in Romania, factsheet number 103543, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/103543.