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 Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62.0 - Computer programming, consultancy and related activities
150 jobs Number of planned job creations
Announcement Date
7 October 2021
Employment effect (start)
7 October 2021
Foreseen end date
31 December 2021
Description
Luxoft Romania plans to hire 150 information technology (IT) specialists by the end of 2021. Luxoft was one of the first companies on the Romanian market to implement a 100% remote working system for current and future employees. In December 2020 the company opened its first permanent remote positions and has so far hired over 300 programmers through a remote recruitment process. The company expanded its team in Cluj-Napoca (Cluj County), Iasi (Iasi County), Timisoara (Timis County) and Brasov (Brasov County).
Luxoft Romania is part of the US company DXC Technology, one of the largest providers of business-to-business IT services.
The company entered the Romanian market in 2008 and currently has a workforce of 2,000. Luxoft Romania provides software development services for local and global clients in the telecom, financial and automotive sectors.
Internationally, Luxoft provides solutions and services from 41 specialized centres and has nearly 13,000 employees in 22 countries in North America, Western and Eastern Europe, Asia Pacific and South Africa.
Eurofound (2021), Luxoft Romania, Business expansion in Romania, factsheet number 105408, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/105408.
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.
