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.
Information / Communication Publishing Of Information; Production And Programming Of Audiovisual Publishing Activities 58.29 - Other software publishing
150 jobs Number of planned job creations
Announcement Date
23 June 2021
Employment effect (start)
23 June 2021
Foreseen end date
31 December 2021
Description
SAP Labs Bulgaria, the Sofia based software development centre of the German software provider SAP, will create 150 new jobs at its facility by the end of 2021. For the past several years, SAP Labs Bulgaria has been considered a strategic unit of SAP and has been creating some 10% new jobs every year. Despite the pandemic, the company created 175 new jobs in 2020 and 150 since the beginning of 2021.
SAP Labs Bulgaria was established in 2000 as a development centre with a key role in the design and development of the SAP Business Technology Platform.
Eurofound (2021), SAP Labs Bulgaria, Business expansion in Bulgaria, factsheet number 105180, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/105180.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
