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.
Alfod es Eszak; Eszak-Alfold; Szabolcs-Szatmar-Bereg
Location of affected unit(s)
NyÃregyháza
Sector
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27.51 - Manufacture of electric domestic appliances
650 jobs Number of planned job losses
Announcement Date
1 February 2023
Employment effect (start)
1 February 2023
Foreseen end date
31 January 2024
Description
Swedish home appliance manufacturer Electrolux will close down its refrigerator factory in NyÃregyháza at the start of 2024. The company's management announced that production will be gradually phased off according to a pre-determined schedule. The factory has 650 employees.
The management will start consultations with the works council concerning severance payments and the programs aimed at helping workers find new jobs, which would include organising on-site job fairs.
In addition to soaring energy prices and overall logistics costs, a drop in demand has also prompted the firm's decision to close the plant.
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.
