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.
Alfod es Eszak; Eszak-Magyarorszag; Borsod-Abauj-Zemplen
Location of affected unit(s)
Tiszaújváros
Sector
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27 - Manufacture of electrical equipment
The company announced a significant workforce downscale of 900 employees, implemented by the non-renewal of the contracts of both temporary agency workers and employees on payroll. The company declared that decreasing the workforce is necessary due to the global economic crisis that is causing a fall in demand for its products. According to local political authorities, Jabil Circuit has always been characterized by the continuous change of its size to comply with changing market circumstances. This strategy has resulted in a fluctuation in the number of its employees.
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.
