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
280 jobs Number of planned job losses
Announcement Date
30 September 2008
Employment effect (start)
1 January 2009
Foreseen end date
31 December 2009
Description
Bekaert Textiles announced its decision to restructure its plant in Waregem which will cause the loss of 280 jobs. The plant manufactures mattress fabric and intends to reduce its activities to knitting and weaving. The internal restrucuring is explained by an increasing foreign competition with an important increase of manufacturing and employment costs.
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.
