Type
Business expansion
Country
Portugal
Region
Continente; Lisboa; Grande Lisboa
Location of affected unit(s)
Lisboa
Sector
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62.02 - Computer Consultancy Activities

300 jobs
Number of planned job creations
Job creation
Announcement Date
25 July 2023
Employment effect (start)
1 January 2024
Foreseen end date
31 December 2025

Description

KLx, a subsidiary of Credit Agricole Group, will recruit 300 workers in the next two years. KLx is looking for specialists in new technologies to provide advanced skills in IT to Crédit Agricole.

The company has been established in Portugal since 2020, in Lisbon, with an investment of €3.6 million. Activities that take place in the facilities include the development of banking and insurance applications. Currently it has 450 workers. The company also adopted a hybrid work model in which employees are entitled to 120 days of remote work per year.


Sources

Citation

Eurofound (2023), KLx, Business expansion in Portugal, factsheet number 200244, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200244.