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
100 jobs Number of planned job creations
Announcement Date
18 December 2017
Employment effect (start)
Foreseen end date
31 December 2018
Description
British insurance company Prudential has announced that it will create over 100 new jobs at its units across Poland by the end of 2018. The restructuring programme is due to additional contracts signed with customers. The chairman of the company informed Prudential will not launch many new products, but rather focus on obtaining new contracts. The UK-based insurance company was founded in 1848. The company has been operating in Poland since 2013. Currently, the company employs around 900 consultants in Poland.
Sources
18 December 2017: Gazeta Ubezpieczeniowa
Citation
Eurofound (2017), Prudential, Business expansion in Poland, factsheet number 92885, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/92885.
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.
