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 Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27.1 - Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus
300 jobs Number of planned job creations
Announcement Date
19 January 2012
Employment effect (start)
15 January 2012
Foreseen end date
1 February 2016
Description
Eaton Corporation, a provider of electrical components and systems for industrial, commercial and military use, is to create up to 300 new jobs with the opening of a new Innovation Centre in Roztoky near Prague.
Eaton, headquartered in the US, plans to recruit up to 50 highly skilled engineers in 2012 and to increase the total workforce to about 300 in the next four to five years.
The Innovation Centre will conduct research focused on the development of energy-efficient power systems and the electrification of transportation, vehicle and aircraft applications.
Sources
19 January 2012: CzechInvest
Citation
Eurofound (2012), Eaton Corporation, Business expansion in Czechia, factsheet number 73010, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73010.
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.
