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.
Professional Services Scientific, Architectural And Engineering Technical Activities Architectural And Engineering Activities; Technical Testing And Analysis 71.12 - Engineering Activities And Related Technical Consultancy
100 jobs Number of planned job creations
Announcement Date
10 October 2023
Employment effect (start)
10 October 2023
Foreseen end date
31 December 2025
Description
Irish process engineering company, Leo Lynch, is to create 100 new jobs in Ireland by the end of 2025.
The background of this business expansion is that Leo Lynch aims to have a revenue of €100 million by the end of 2025 as part of its expansion. Some of the new roles are currently advertised and include project engineers and mechanical engineers.
Leo Lynch currently employs 350 people, and has also announced that it will create an additional 50 jobs across Europe and the UK.
Eurofound (2023), Leo Lynch, Business expansion in Ireland, factsheet number 200495, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200495.
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.
