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 Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
113 jobs Number of planned job losses
Announcement Date
22 October 2003
Employment effect (start)
Foreseen end date
1 December 2006
Description
Over the next three years, the management of Barco will intend to consolidate its electronic module surface mounting activities into a single location in Poperinge, Belgium. This consolidation will lead to the transfer of 107 full-time jobs to the Poperinge plant. Additionally, 113 full-time jobs will disappear in Belgium, partly due to the relocation of its mounting activities to Kladno in the Czech Republic. The company sees organisational advantages of restructuring measures, leading to greater efficiency and significant cost savings.
Sources
1 October 2003: Les Echos
: Trends
30 October 2003: Top 30000
30 September 2003: www.barco.com
Citation
Eurofound (2003), Barco, Internal restructuring in Belgium, factsheet number 59485, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59485.
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.
