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.
Transportation / Storage Warehousing And Support Activities For Transportation, Postal And Courier Activities Warehousing And Support Activities For Transportation 52.1 - Warehousing and storage
New offshoring locations
United Kingdom, Spain
83 jobs Number of planned job losses
Announcement Date
5 July 2006
Employment effect (start)
Foreseen end date
Description
The British storage company Whittan has just announced plans to close its production plant in Hauts-Sarts (Herstal). Citing economic reasons for its decision, management points out that the storage market is becoming increasingly competitive and that growing price instability in the steel sector has put pressure on costs. The production will, perhaps, be shifted towards the others European plants of the group: Telford (UK) and Durango (Spain).
Sources
6 July 2006: L'Echo
Citation
Eurofound (2006), Polypal, Offshoring/Delocalisation in Belgium, factsheet number 63736, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63736.
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.
