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.
Région Bruxelles-Capitale / Brussels Hoofdstedelijke Gewest;
Location of affected unit(s)
Sint-Joost-ten-Node
Sector
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62.02 - Computer consultancy activities
New offshoring locations
Poland
200 jobs Number of planned job losses
Announcement Date
24 May 2014
Employment effect (start)
25 June 2014
Foreseen end date
Description
IS4F, a company which offers IT services to the Belgian bank Belfius, is to move 200 of a total of 360 jobs to Poland. Workers have protested against the decision in front of Belfius' premises. The bank holds a minority stake in IS4F and staff criticise it for outsourcing these services to another country.
Eurofound (2014), Innovative Solutions for Finance (IS4F), Offshoring/Delocalisation in Belgium, factsheet number 77301, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77301.
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