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
250 jobs Number of planned job creations
Announcement Date
19 July 2005
Employment effect (start)
1 January 2006
Foreseen end date
30 June 2006
Description
According to US Emerson Company CEO Georg Varmuza, the newest organisation unit of the company – Emerson Network Power Division will invest around SKK 130 million in Slovakia. A new production unit for will produce and assemble electronic systems into telecommunication equipments. Company’s subsidiary – Emerson Electric Slovakia already operates in the same city. Currently, Emerson employs 2,200 employees in Slovakia.
Sources
19 July 2005: Hospodárske noviny
Citation
Eurofound (2005), Emerson Network Power, Business expansion in Slovakia, factsheet number 61948, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61948.
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.
