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 Computer, Electronic And Optical Products 26.40 - Manufacture of consumer electronics
500 jobs Number of planned job losses
Announcement Date
21 February 2012
Employment effect (start)
21 February 2012
Foreseen end date
31 March 2012
Description
On 21 February 2012, Chinese producer of televisions TPV Display announced plans to shut down the factory in Kobierzyce near Wrocław (the Wałbrzych Special Economic Zone) and dismiss 500 employees. The company plans to carry out the redundancy process by the end of March 2012.
It is reported that the redundant workers will receive a severance pay.
TPV has two plants in Poland (Kobierzyce and Gorzów Wielkopolski). The company decided to reduce operational costs by closing the factory in Kobierzyce and concentrating the production in Gorzów Wielkopolski.
Sources
21 February 2012: Gazeta Wyborcza ()
Citation
Eurofound (2012), TPV Display, Closure in Poland, factsheet number 73150, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73150.
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.
