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.
Makroregion województwo mazowieckie; Warszawski stołeczny; Miasto Warszawa
Location of affected unit(s)
Warsaw
Sector
Financial / Insurance/ Estate 64 - Financial service activities, except insurance and pension funding 64.3 - Activities of trusts, funds and similar financial entities 64.3 - Activities of trusts, funds and similar financial entities
150 jobs Number of planned job creations
Announcement Date
9 April 2021
Employment effect (start)
9 April 2021
Foreseen end date
31 December 2021
Description
The US-based global asset management company Point72 has announced that it will create 150 jobs at its new office in Warsaw in 2021. The company is looking for specialists with experience in technology, finance, data management and operations. The company expects that the Warsaw unit will become the biggest company’s unit outside the United States and it will support its crucial operations.
Point72 has been operating for over 25 years; the company specialises in equity portfolio management. Currently, Point72 employs over 1,650 people in 12 offices worldwide.
Eurofound (2021), Point72, Business expansion in Poland, factsheet number 104615, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/104615.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...