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
9 July 2010
Employment effect (start)
Foreseen end date
31 March 2011
Description
Pharmaceutical multinational Eli Lilly has announced 100 new jobs at a new European financial services centre in Cork city. Most of the new staff are expected to be recruited before the end of March 2011. It is reported that Cork was chosen because of the availability of a skilled workforce, language ability and the presence of a strong shared services base in Ireland. Eli Lilly already employs more than 4,000 people at a manufacturing plant in nearby Kinsale in County Cork.
Eurofound (2010), Eli Lilly, Business expansion in Ireland, factsheet number 70694, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70694.
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