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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Via Stalls And Markets Or Other 47.91 - Retail sale via mail order houses or via Internet
100 jobs Number of planned job creations
Announcement Date
11 October 2018
Employment effect (start)
11 October 2018
Foreseen end date
Description
E-commerce company, Overstock, is to create 100 new jobs in Sligo.
The new roles will be in software development and testing, machine learning, and data analytics.
Overstock currently employs 40 people in Sligo, having established operations in Ireland in 2013. The company is headquartered in Utah, USA.
Overstock runs an online retail wesbite as well as blockchain accelerator Medici Ventures.
One of the attractions of the west Ireland location according to the company was the reasonable cost of living and quality of life compared to the Dublin region.
Sources
Citation
Eurofound (2018), Overstock, Business expansion in Ireland, factsheet number 95617, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/95617.
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.
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