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 Manufacturing Of Furniture And Other Manufacturing Other Manufacturing 32.5 - Manufacture Of Medical And Dental Instruments And Supplies
No information on job gains number available
Announcement Date
2 June 2020
Employment effect (start)
2 June 2020
Foreseen end date
Description
Gem Optics is a small protective glasses producer in Bellignat (Ain) with 8 employees. In 2020 it decided to relocate in France its production from China. The company, which assembles prescription glasses and protective masks, faced challenges during the Covid crisis when an order for 20,000 glasses got stuck in China for four weeks. It aims is to establish a system of grouped orders. The decision to relocate is driven by the desire to overcome logistical challenges and uncertainties posed by overseas production, especially during crises like the pandemic.
Eurofound (2020), Gem Optics , Reshoring in France, factsheet number 265, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/265.
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.
