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.
All Spanish regions where Vecttor is allowed to operate
Sector
Transportation / Storage Land, Water And Air Transportation Land Transport And Transport Via Pipelines 49.32 - Taxi Operation
300 jobs Number of planned job creations
Announcement Date
14 November 2024
Employment effect (start)
1 January 2025
Foreseen end date
Description
Vecttor, a subsidiary of the Cabify group, aims to hire 300 professionals for its chauffeured vehicle services in Madrid by January 2025.
Applicants must possess a driving license for more than two years, maintain at least 8 points on the license, and have current, organized documentation.
The employment conditions on offer include a permanent work contract with an average monthly income of 1,800 euro. The company began its initiative to electrify its fleet in 2020 to decrease emission levels. Currently, over 30% of its vehicles in Madrid have a 'zero' emissions label from manufacturers such as Hyundai, KIA, Polestar, and Tesla, among others.
Eurofound (2024), Vecttor, Business expansion in Spain, factsheet number 201943, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201943.
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.
