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.
Adminstrative / Support Services 80 - Investigation and security activities 80 - Investigation and security activities 80.01 - Investigation and private security activities
1,000 jobs Number of planned job creations
Announcement Date
8 March 2017
Employment effect (start)
10 March 2017
Foreseen end date
Description
G4S a British multinational security services company has announced that it will hire an additional 1,000 employees in 2017. The rise in terror attacks and threats throughout the year has led to a rise in demand for security services. The company noticed a clear rise in demand especially in the following sectors: aviation, critical infrastructure and events. On top of that, the company was one of the main private companies involved in the surveillance of asylum centres, which opened up a significant additional market.
Sources
8 March 2017: De Morgen
8 March 2017: De Tijd
Citation
Eurofound (2017), G4S, Business expansion in Belgium, factsheet number 90493, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/90493.