Restructuring events
European Restructuring Monitor (ERM)
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.
American IT company Cisco Systems announced plans to create 500 new jobs at its Global Support Centre in Kraków within the next two years. The company is mainly looking for skilled and experienced IT engineers as well as HR staff and accountants. The sources report that the company is to open its third office in the city by the end of 2014. The move is linked with a corporate plan to expand the scale of provided services.
Founded in 1984 Cisco Systems employs over 70,000 staff worldwide. The company has been operating in Poland since 1995; in 2012 the company launched its Cisco Global Support Center in Krakow where 500 people have been employed. The center provides IT and business services for clients from Europe, Near East, Africa and Russia.
The ERM reported a restructuring event announced by the company in 2013.
Eurofound (2014), Cisco, Business expansion in Poland, factsheet number 77800, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77800.