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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
90 jobs Number of planned job losses
Announcement Date
13 October 2008
Employment effect (start)
13 October 2008
Foreseen end date
13 February 2009
Description
Segerström Automotive, a sub-supplier of sheet metal components, will cut 90 jobs in Eskilstuna in Sweden by February 2009 at the latest. The redundancy notices at Segerström Automotive are an immediate consequence of the downsizing at Volvo Construction Equipment, one of Segerström's largest customers.
Segerström Automotive was founded in 1906 and is a sub-supplier of sheet metal components. Their customers are mainly in the automotive industry and include companies like Volvo and Scania. Since 2005 they have been part of the Canadian Group ISE Stamping Inc. Segerström Automotive have factories in Sweden (Eskilstuna), Estonia (Tallinn) and Belgium (Ghent) and at four locations in North America.
Sources
15 October 2008: Dagens Industri
Citation
Eurofound (2008), Segerström Automotive, Internal restructuring in Sweden, factsheet number 67438, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67438.
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.
