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 - Manufacture of electrical equipment
New offshoring locations
Not Available
200 jobs Number of planned job losses
Announcement Date
17 August 2005
Employment effect (start)
Foreseen end date
31 August 2007
Description
The Swedish heat pumps and components manufacturer NIBE Industrier said that it would carry out an action plan within the business area NIBE Element. The plan involves transferring some 200 jobs from Sweden to Eastern Europe and Asia with the aim of reducing costs by SEK 4 million per year. The reorganisation is expected to take 18 to 24 months.
Sources
17 August 2005: Press release by Nibe
17 August 2005: Svenska Dagbladet
Citation
Eurofound (2005), NIBE Industrier, Offshoring/Delocalisation in Sweden, factsheet number 62120, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62120.
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.
