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 64.1 - Monetary Intermediation
380 jobs Number of planned job creations
Announcement Date
18 March 2025
Employment effect (start)
18 March 2025
Foreseen end date
31 December 2025
Description
Satispay, a digital payment service company, will add 400 new employees to its team in 2025, expanding its current workforce of over 700 staff. The recruitment will primarily focus on Milan, with opportunities also available at its newly opened Naples office where 80 people will initially work, plus some positions in Luxembourg.
The company is seeking mainly junior profiles alongside senior roles in technology development, software engineering, cloud expertise, and various business functions including commercial, finance, legal, compliance, marketing, and human resources.
According to Head of People & Culture of Satispay, the company attracts over 20,000 applications annually, including from Italian talents looking to return from abroad. New hires receive permanent contracts, comprehensive welfare benefits worth €1,200 in goods and services, and stock options representing 15% of company value, equivalent to €150 million based on recent valuations.
Eurofound (2025), Satispay, Business expansion in Italy, factsheet number 202531, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/202531.
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.
