Restructuring events
European Restructuring Monitor (ERM)
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.
UK-based financial technology company Revolut announced the creation of 170 new jobs in Portugal: 100 jobs will be created in the sales area, the remaining 70 new positions are expected to include roles in the areas of financial crime, data analysis, operations, back-end and front-end engineering, learning and development teams, copywriting, recruitment, support and customer support.
The company states that it has already begun to transform into a flexible work policy, which has been operated as a pilot programme during the COVID-19 pandemic and it will allow workers to decide together with their managers how often they will work from the office or telework.
The 100 new positions in sales area announced in Portugal are part of the global recruitment campaign that will lead to the creation of a sales force of 1,000 across France, Lithuania, Poland, Portugal, Spain, the United Kingdom, and the United States.
Eurofound (2021), Revolut, Business expansion in Portugal, factsheet number 105402, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/105402.