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.
The company has launched a recruitment process to build its global sales force, so creating 1,000 new jobs in seven countries: France, Lithuania, Poland, Portugal (around 100 jobs), Spain, the United Kingdom, and the United States. Revolut is looking for sales representatives with a minimum of six months experience in B2B sale and with knowledge of foreign languages, especially, English, French, German or Spanish. The Polish unit is expected to be the biggest beneficiary of the programme, but, so far, there is no information on how many jobs will be created in Poland under the process.
Additionally, Revolut is looking for 120 candidates for its financial crime operations department and 80 for its customer support department in Kraków, Poland, while in Lithuania, Revolut will be expanding its banking, financial crime and money laundering prevention and customer service teams by 100 jobs. In Portugal, 70 new roles will be created across areas like financial crime, data analysis, operations, back-end and front-end engineering, learning and development teams, copywriting, recruitment, support and customer support.
Headquartered in London, Revolut was founded in 2015. The company provides global financial applications for money transfer and exchange. Currently, the company employs 2,500 people worldwide. For previous restructuring events see Revolut2018 - UK and Revolut2019 - PT.
Eurofound (2021), Revolut, Business expansion in World, factsheet number 104420, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/104420.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...