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.
Utilities Electricity, Gas, Steam And Air Conditioning Supply Electricity, Gas, Steam And Air Conditioning Supply 35 - Electricity, gas, steam and air conditioning supply
The scale of the measure is smaller than had been expected as the company's original plans for this year included the dismissal of another 170 employees, while its owner, the Hungarian Electricity Company (Magyar Elektromos Művek, MVM), a state owned enterprise, considered its immediate closure.
The final decision was made after a governmental decree prescribed that MVM was to continue operations while implementing a strict austerity plan that included, among other measures, the implementation of an efficiency enhancement program, and the selling of properties.
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.
