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.
Financial Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64 - Financial Service Activities, Except Insurance And Pension Funding
100 jobs Number of planned job creations
Announcement Date
1 July 2024
Employment effect (start)
1 July 2024
Foreseen end date
Description
Irish retail bank, Bank of Ireland, has announced the creation of 100 new technology jobs to support digital projects across its operations.
The Bank is already recruiting for the roles on its website. These new roles include data, delivery management, engineering, resilience and cyber security. The plans also include recruitment for areas such as cloud, open banking, APIs, AI and emerging technologies.
The Bank offers flexible remote work options through a network of hubs. It currently employs nearly 11,000 employees in Ireland. The most recent business expansion of the Bank of Ireland can be found here Bank of Ireland-2023-
IE.
Eurofound (2024), Bank of Ireland, Business expansion in Ireland, factsheet number 201392, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201392.
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.
