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 62.01 - Computer programming activities
100 jobs Number of planned job creations
Announcement Date
15 January 2020
Employment effect (start)
1 April 2020
Foreseen end date
Description
TSB, Scotland based high street bank, has announced that it will open a new IT centre in its headquarters in Edinburgh in April 2020, creating 100 technology jobs. The newly created jobs include IT specialist, data engineer and data analyst roles.
The new centre is part of a three-year strategic plan, which was adopted after the introduction of a new computer system that caused serious disruption to TSB’s online services in 2018.
While TSB is investing in its new IT centre, the internal restructuring, which involves the closure of over 80 branches in Scotland and England, is also continuing.
Eurofound (2020), TSB, Business expansion in United Kingdom, factsheet number 99717, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/99717.
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