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.
Information / Computing 62 - Computer programming, consultancy and related activities 62 - Computer programming, consultancy and related activities 62 - Computer programming, consultancy and related activities
100 jobs Number of planned job creations
Announcement Date
12 November 2025
Employment effect (start)
12 November 2025
Foreseen end date
31 May 2026
Description
Upwork, a US-based company specialising in freelance work and the hiring of independent professionals, will open its first office outside the United States, in Lisbon. The company will create around 100 jobs, with a strong focus on recruiting Portuguese talent. This process will begin shortly and the office is expected to open in the first half of 2026.
The Mayor of Lisbon municipality stated that the company brings added value to the city and represents an opportunity for employment and development for local youth. With this opening, Lisbon will host a total of 17 unicorn companies.
Eurofound (2025), Upwork, Business expansion in Portugal, factsheet number 203918, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203918.
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.
