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 Material For Textiles, Apparel, Leather And Related Products Manufacture Of Textiles 13 - Manufacture of textiles
290 jobs Number of planned job losses
145 jobs Number of planned job creations
Announcement Date
1 November 2006
Employment effect (start)
1 November 2006
Foreseen end date
Description
OP Prostějov, the largest Czech textile company, closed two plants (Konice, Brodek u Konice) at the end of October 2006. All 290 workers were given the option to commute to the main factory located in Prostějov. A half of them accepted this possibility and will get travel subsidy of CZK 600 per month. There is a great demand for qualified labour force. The finished clothes producer currently employs 5,000 people in its six manufacturing shops and is looking for needlewomen, tailors and dressmakers. The main reasons of the closure are the invasion of cheap textile products from Asia, the rise in minimum wage and energy prices and the change of currency exchange rate as well.
Sources
1 November 2006: Hospodárske noviny
Citation
Eurofound (2006), OP Prostějov, Closure in Czechia, factsheet number 64353, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64353.
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.
