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.
American IT company Cisco has announced that it will create between 200 to 300 new jobs at its Global Services Center in Krakow. The branch in Krakow is celebrating its 10th anniversary, and therefore plans to strengthen its position as a strategic branch of the company. More employees are needed to facilitate its further development.
Cisco was founded in 1984 and has been operating in Poland since 1995. The company has launched its service center in Krakow in 2012 and it currently employs 2,400 specialists there. The centre provides IT and business services for clients from Europe, the Middle East and Africa.
Previous business expansion for Poland was announced in April 2021, with 150 jobs created (Cisco-2021-PL).
Eurofound (2022), Cisco, Business expansion in Poland, factsheet number 106953, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106953.