Type
Internal restructuring
Country
Lithuania
Region
Lietuva; Vilniaus apskritis;
Location of affected unit(s)
Vilnius
Sector
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62 - Computer programming, consultancy and related activities

199 jobs
Number of planned job losses
Job loss
Announcement Date
15 November 2022
Employment effect (start)
15 November 2022
Foreseen end date

Description

HCL Technologies Lithuania, a company providing a range of software and IT infrastructure services, is to dismiss 199 employees in Vilnius. According to the management, the dismissals are due to changing customer needs. The company's works council and external career consultants will provide job-search assistance to the employees notified of layoffs. Currently, HCL Technologies employs 268 employees in Vilnius.

HCL Technologies is a company with headquaters in India, and it offers a wide range of solutions in IT infrastructure management services, digital and analytics services, digital process operations and other services. The company opened its office in Lithuania at the end of 2019, taking over part of the employees of the British bank Barclays, which had withdrawn from Lithuania.


Sources

Citation

Eurofound (2022), HCL Technologies Lithuania , Internal restructuring in Lithuania, factsheet number 107761, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/107761.