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.
Manufacturing Manufacture Of Material For Textiles, Apparel, Leather And Related Products Manufacture Of Wearing Apparel 14.1 - Manufacture Of Wearing Apparel, Except Fur Apparel
No information on job gains number available
Announcement Date
3 April 2014
Employment effect (start)
1 January 2014
Foreseen end date
1 December 2015
Description
Prada, an Italian company famous for its fashion products, is planning to invest in four new factories in Italy in the Tuscany and Marche regions in order to backshore part of its production. The main aim is to reduce the time-to-market, as well as to enhance the control over production. According to Prada CEO Patrizio Bertelli, it is important to be in a position "to transmit production know-how to future generations. 'Made in Italy' is not just a label but is the people who know how to carry out a trade".
Eurofound (2014), Prada, Reshoring in Italy, factsheet number 211, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/211.
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.
