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 Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security 65.1 - Insurance
160 jobs Number of planned job creations
Announcement Date
13 April 2016
Employment effect (start)
13 April 2016
Foreseen end date
Description
Zurich Insurance Group (Zurich) has announced that it will create over 160 jobs at its new shared services centre in Kraków. The company is looking for employees specialised in areas such as financial reporting, financial planning processes and accountancy. The restructuring programme is connected with the company’s strategy aiming at the consolidation and standardisation of business processes within all company’s locations.
Zurich Insurance was founded in 1872 in Switzerland. It operates in over 170 countries and employs over 55,000 people worldwide.
Sources
13 April 2016: Bankier
Citation
Eurofound (2016), Zurich Insurance, Business expansion in Poland, factsheet number 87310, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/87310.
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.
