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 Textiles 13.9 - Manufacture of other textiles
120 jobs Number of planned job losses
Announcement Date
6 April 2005
Employment effect (start)
Foreseen end date
Description
The company Creaciones Ducal is specialised in the manufacture of textiles and is based in Alzira (Castellón, Valencia). On 6 April 2005, the company announced it was studying the reorganisation of 80% of its workforce, 120 employees out of 150, which would shift contract from fixed to discontinuous, as the poor markets conditions leave the workers unemployed 80 days per year.
Sources
20 April 2005: Expansión
13 April 2005: Las Provincias
Citation
Eurofound (2005), Creaciones Ducal, Internal restructuring in Spain, factsheet number 61504, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61504.
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.
