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, Printing And Reproduction Of Recorded Media Printing And Reproduction Of Recorded Media 18 - Printing and reproduction of recorded media
200 jobs Number of planned job creations
Announcement Date
31 January 2007
Employment effect (start)
Foreseen end date
1 January 2010
Description
Devotis, a French company specialised in video digitisation, announced on 31 January 2007 that it is aiming to increase its workforce to 200 employees by January 2010.
Devotis will benefit from 800,000 euro worth of state financial aid - aimed at creating jobs locally - to help it establish itself in the former Kodak site in Chalon Sur Saone, in the South-east of France. The company is expected to invest around two million euro in the factory and manufacture one million units of video follwing a remarkable growth in sales.
Devotis, which moved into the premises in December 2006, already has a workforce of 20 at the site. The company, whose sales turnover reached seven million euro in 2006, has three shops in Paris, Lille and Brussels.
Sources
1 February 2007: Les Echos
Citation
Eurofound (2007), Devotis, Business expansion in France, factsheet number 64855, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64855.
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.
