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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.1 - Manufacture of motor vehicles
350 jobs Number of planned job losses
Announcement Date
29 October 2004
Employment effect (start)
Foreseen end date
Description
The Jaguar formula one team could be closed down in November 2004 with the loss of 350 jobs, should talks with a consortium headed by Nigel Mansell fall through. The economic misery has been compounded by a difficult couple of years for Ford car sales in Europe and North America and continuing lack of profitability at Jaguar Cars which has announced that it will be closing its famous factory at Brown's Lane, Coventry, with the loss of several hundred jobs. Jaguar's collapse would also add to the unemployment among the specialist workforce in the British motor racing industry.
Sources
29 October 2004: The Guardian
Citation
Eurofound (2004), Team Jaguar, Closure in United Kingdom, factsheet number 60713, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60713.
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.
