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 Electrical Equipment 27.5 - Manufacture Of Domestic Appliances
No information on job gains number available
Announcement Date
23 May 2018
Employment effect (start)
1 May 2017
Foreseen end date
1 May 2018
Description
TES is a Swedish company that produces dehumidifiers and air purifiers; Wood's it is one of its brand. The company decided to move the production of dehumidifiers from Canada to Sweden. The production activity was outsourced to a supplier operating in the Electrolux's former factory in Mariestad (Sweden). The relocation was due to a new European requirement that imposes by 2020 the exclusive use of environmental friendly gas for refrigeration. The unit in Canada was not interested in making production changes requested by the EU market. Moreover, relocating the production in Sweden, TES may operate closer to its costumers and suppliers avoiding long delivery time. The manufacturing of the relocated products started in May 2018.
Eurofound (2018), TES, Reshoring in Sweden, factsheet number 62, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62.
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.
