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 Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
45 jobs Number of planned job losses
Announcement Date
10 September 2003
Employment effect (start)
Foreseen end date
Description
The increase in electricity loads and an early payment on real estate taxes are the causes announced by the company to justify the restructuring measure. Trade unions of the old division of Tubemeuse quickly wish to meet the American direction of the group. 45 jobs are affected.
Sources
10 September 2003: Les Echos
11 October 2003: Les Echos
Citation
Eurofound (2003), Ellwood Steel Belgium (ESB), Internal restructuring in Belgium, factsheet number 58887, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/58887.
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.
