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.
Northern Ireland; Northern Ireland; Derry City and Strabane
Location of affected unit(s)
Londonderry
Sector
(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
300 jobs Number of planned job creations
Announcement Date
20 July 2007
Employment effect (start)
20 July 2007
Foreseen end date
Description
Software services provider Stream is to create 300 new jobs in Londonderry. The company has an office in the Ulster Science and Technology Park on Buncrana Road in Londonderry and will also open new premises in the Waterside area of the town. Manager director Jeff Jennings said that they have already started recruiting.
'We're looking for a broad range of people so it's not going to be all technical support like the jobs in the past within Stream,' he said. 'We will be looking for people with good customer services experience and from all age groups - people with good empathy - now we are starting to chase the silver surfers, as they call them, the older people getting into broadband.'
Sources
20 July 2007: BBC Website
Citation
Eurofound (2007), Stream, Business expansion in United Kingdom, factsheet number 65632, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/65632.
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...