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.
(61 - 63) Information / Computing 62 - Computer programming, consultancy and related activities 62 - Computer programming, consultancy and related activities 62 - Computer programming, consultancy and related activities
100 jobs Number of planned job creations
Announcement Date
24 November 2022
Employment effect (start)
24 November 2022
Foreseen end date
31 December 2023
Description
The British financial institution London Stock Exchange Group (LSEG) has announced plans to create 100 new positions at its IT service centre in Bucharest. LSEG Romania continues to develop its local hub, and it is looking to hire IT specialists as well as quantitative analysis and data science specialists. LSEG plans to reach 700 employees in 2023.
The centre, which was inaugurated in February 2019, has 600 employees. The company delivers infrastructure for financial markets and is focused on providing IT services, market surveillance and post-trading services for its clients. In 2020, the company advertised 100 new jobs.
The London Stock Exchange Group is headquartered in London and employs more than 25,000 people worldwide.
Updated, 6 March 2023:
The company announced that other 100 new positions will be created by the end of 2023.
Eurofound (2022), London Stock Exchange, Business expansion in Romania, factsheet number 107895, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/107895.
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...