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
168 jobs Number of planned job creations
Announcement Date
26 September 2017
Employment effect (start)
Foreseen end date
Description
Software company Veeqo has announced plans to create 168 new jobs. The Swansea based company has received 500,000 GBP of Welsh Government support to help with the expansion. The firm aims to expand its global client base which already includes well-known brands such as Amazon and E-Bay. Veeqo's technology helps retailers ship their goods using a single software platform. The firm has offices in London, Berlin, Canada and Kurdistan, though it is understood that the majority of the new jobs will be based in South Wales. In addition to the jobs announced, 20 new jobs have already been filled in the past twelve months. The new positions are expected to be filled over a three year period.
Sources
26 September 2017: Wales Online
26 September 2017: Business Cloud
Citation
Eurofound (2017), Veeqo, Business expansion in United Kingdom, factsheet number 92250, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/92250.
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...