EMCC European Monitoring Centre on Change

Western Union

Company/Organisation:
Western Union

Geographic Location

Country: Lithuania
Region: Vilniaus apskritis; Lietuva
Location of affected unit(s): Vilnius

Company

Sector: Financial services
Financial and insurance activities
64.1 - Monetary intermediation
Number Employed: 1700

Employment Effects

Announcement Date: 02-05-2017
Type of Restructuring: Business expansion
Employment Effect Start: 02-05-2017
Foreseen End Date: 31-12-2017
Planned Job Creation: 100

Additional Information

Western Union, a company operating in international money transfer services, is expanding its activities in Lithuania and will create around 100 new jobs in the global operations centre in Vilnius by the end of 2017. Currently the global operations centre in Vilnius employs around 1,700 employees. According to the management, the number of employees in Vilnius should grow by 10-15 percent and will reach around 1,800 by the end of 2017. On 2 May 2017, Western Union opened a new customer experience centre in Vilnius which has the potential to accommodate 800 jobs.