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: 1849

Employment Effects

Announcement Date: 04-11-2019
Type of Restructuring: Business expansion
Employment Effect Start: 04-11-2019
Foreseen End Date: 31-05-2020
Planned Job Creation: 300

Additional Information

Western Union, a company operating in international money transfer services, is expanding its activities in Lithuania and will create around 300 new jobs in the European Regional Operational Centre in Vilnius over the next 18 months. The company is implementing a new global strategy aimed at meeting increasing demand from global consumers and businesses for fast and reliable cross-border money transfer and payment solutions. Western Union intends to hire specialists with skillsets in digital business and cross-border platform expansion, intelligent automation, finance and accounting, compliance operations and other functions. Currently the company employs 1,849 employees in Vilnius.

Western Union was established in Vilnius in 2010 and its site in Vilnius is the largest company’s site worldwide.

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