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.
Cluj-Napoca, București, Iași, Timișoara, Baia Mare
Sector
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62.01 - Computer programming activities
400 jobs Number of planned job creations
Announcement Date
11 April 2016
Employment effect (start)
12 April 2016
Foreseen end date
31 December 2016
Description
Software company SoftVision is to hire 500 IT specialists in 2016. The company will reach an estimated 2,000 employees internationally.
About 400 new jobs will be created in the Romanian centres in Cluj-Napoca, BucureÈ™ti, IaÈ™i, TimiÈ™oara and Baia Mare where the company has 1,300 employees.Â
Update, 2 June 2016:  SoftVision company, specialised in developing software solutions, merged with Paradigms Software International (SPI), one of the largest companies in the US, as part of the global expansion plans of the Romanian company. The new global group will be named SOFTVISION Paradigms International.
Sources
11 April 2016: capital.ro
11 April 2016: Wall-Street.ro
11 April 2016: Bursa.ro
11 April 2016: Ziarul Financiar
Citation
Eurofound (2016), SoftVision, Business expansion in Romania, factsheet number 86967, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/86967.
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.
