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
100 jobs Number of planned job creations
Announcement Date
16 May 2005
Employment effect (start)
Foreseen end date
Description
The merger between the French Alcatel Space and the Italian Finmeccanica will create about one hundred jobs in a new operational headquarter in Cannes. The expansion of the site, thanks to the help of the Cannes city council, will allow Alcatel to reorganize its site and settle its new firm. Creation and production of satellites will be the at the core of the site's activity.
Sources
16 May 2005: Les Echos
Citation
Eurofound (2005), Alcatel Space and Finmeccanica, Merger/Acquisition in France, factsheet number 61696, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61696.
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.
