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 / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62 - Computer programming, consultancy and related activities
122 jobs Number of planned job creations
Announcement Date
28 April 2014
Employment effect (start)
29 April 2014
Foreseen end date
Description
US cyber security firm Alert Logic has announced that it is to open a European HQ in Cardiff and a UK data centre in nearby Newport creating over 120 jobs. The expansion is being backed by £1.5M Welsh Government business finance. Fifty researchers and analysts will be recruited throughout 2014 with further jobs to follow in 2015.
Sources
28 April 2014: Wales Online
28 April 2014: BBC
Citation
Eurofound (2014), Alert Logic, Business expansion in United Kingdom, factsheet number 76993, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76993.
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.
