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.
Vodafone Hungary has announced that it will hire at least 350 new employees this fiscal year, as itexpands its financial and client service centres. The chief executive announced that 200 people will be hired for the global financial services centre for other Vodafone units, adding to the current number of 300 employees, while between 150 and 200 people will be hired for its client services centre in Hungary, which currently has 150 employees. Vodafone Hungary reported that it added 30,000 subscribers in the fiscal year ending 31 March 2010, despite a declining number of phone subscriptions across all networks. The mood at Vodafone Hungary is therefore upbeat in a difficult market.
Although mobile penetration is around 117% in the country, so further subscriber uptake might be unlikely, the operator will be confident of continued growth in the mobile Internet sector in which it has fared well since launching services over five years ago.
Eurofound (2010), Vodafone Hungary, Business expansion in Hungary, factsheet number 70760, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70760.
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.
