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.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62 - Computer programming, consultancy and related activities
150 jobs Number of planned job creations
Announcement Date
3 October 2018
Employment effect (start)
3 October 2018
Foreseen end date
31 October 2021
Description
Canadian software company, SOTI, is to create 150 jobs in Galway over the next three years.
The company specialises in "mobility management and security to enterprise customers leveraging mobile and 'Internet of Things' (IoT) technology."
SOTI is investing €20m into its operation in Galway and take on 50 new recruits this year. The remaining 100 are to follow over the next three years.
The investment is supported by IDA Ireland.
SOTI has 7,000 business customers and ten offices worldwide. It will employ over 1,000 staff globally by the end of 2018.
Sources
Citation
Eurofound (2018), SOTI, Business expansion in Ireland, factsheet number 95586, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/95586.
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.
