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.
Construction Construction Of Buildings And Infrastructure Engineering Civil Engineering 42.12 - Construction of railways and underground railways
500 jobs Number of planned job creations
Announcement Date
30 June 2020
Employment effect (start)
1 October 2020
Foreseen end date
Description
HS2, the company building the high-speed railway connecting London and the north of England, has announced that it is creating 500 jobs, 300 of which will be based in Birmingham.
The recruitment process is already underway, and it will be concluded in the next three months. The new positions include engineer, project manager, client services, finance and human resources roles.
The construction of the high-speed railway line is currently the largest infrastructure project in Europe. The new railway lines will run between London, Birmingham, Manchester and Leeds, enabling trains to reach speeds of up to 250 mph. The project has been delayed and faced concerns over spiralling costs and the potential environmental damage caused by the construction works.
HS2 is the company charged to develop and promote the UK's new high-speed rail network. It is funded by the UK government.
Eurofound (2020), HS2, Business expansion in United Kingdom, factsheet number 101394, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/101394.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
