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
450 jobs Number of planned job creations
Announcement Date
6 December 2017
Employment effect (start)
1 January 2018
Foreseen end date
31 December 2018
Description
Tieto, a Finnish IT service company, has announced plans to create 450 new jobs in 2018 at its two Czech sites in Ostrava and Brno. The company has also confirmed that this year the number of employees in the Czech Republic has increased by 150 people to the current 2,520 employees.
For long, the company has been collaborating with universities with an idea of preparing students to be their future workforce in Czech republic. Tieto is now focusing on eleven-year-old pupils in elementary schools and multi-year grammar schools.
In the framework of educational activities Tieto has launched two new projects. A project named Future of work sheds light to the jobs in the future. Idea behind the project is to give information to pupils because 70 percent of them will work in positions that do not exist yet. Another Tieto project in Czech Republic supports young talents at the age of 16 who need mentoring with their ideas and projects.
Sources
6 December 2017: Hospodárske noviny
Citation
Eurofound (2017), Tieto Czech, Business expansion in Czechia, factsheet number 92733, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/92733.
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...