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 Financial Service Activities, Except Insurance And Pension Funding 64 - Financial service activities, except insurance and pension funding
400 jobs Number of planned job creations
Announcement Date
25 June 2019
Employment effect (start)
25 June 2019
Foreseen end date
Description
The Swiss bank Credit Suisse Poland has announced that it will create 400 new jobs at its services centres in Wrocław and Warsaw. Moreover, the company plans to fully integrate that two service centres by the end of June 2019, unifying software and procedures, and changing the names of the centres to Credit Suisse Wroclaw and Credit Suisse Warszawa respectively. Currently, the Wroclaw service centre employs 4,500 people, and the Warsaw centre employs 800 people. The centres provide back-offices services for branches of Credit Suisse across the globe.
Eurofound (2019), Credit Suisse Poland, Business expansion in Poland, factsheet number 98099, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/98099.
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.
