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
3,000 jobs Number of planned job creations
Announcement Date
19 September 2006
Employment effect (start)
1 November 2006
Foreseen end date
30 September 2009
Description
By the end of 2009, the Japanese firm Yasaki Corporation will create some 2,933 new jobs at its new factory in Yambol. At the beginning, the Japanese firm hired 820 persons by December 2007. The Yasaki Corporation is producing cables for motor vehicles for Nissan, Toyota, Renault, BMW etc. By May 2008 the company hired 1,800 workers and is planning to increase their number to 3,000 by the end of 2009.
Sources
20 September 2006: Trud
Citation
Eurofound (2006), Yasaki Corporation, Business expansion in Bulgaria, factsheet number 64147, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64147.
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.
