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.
Professional Services Scientific, Architectural And Engineering Technical Activities Architectural And Engineering Activities; Technical Testing And Analysis 71.12 - Engineering activities and related technical consultancy
600 jobs Number of planned job creations
Announcement Date
13 October 2012
Employment effect (start)
13 October 2012
Foreseen end date
31 December 2012
Description
As reported on October 13, 2012, engineering service provider Ferchau will create 600 jobs until the end of 2012. This is due to business expansion.
Ferchau, essentially an outsourcing provider for the engineering industry, benefits from the current crisis offering greater flexibility regarding personnel. Ferchau has already created 200 jobs in the first half of 2012 and currently has a workforce of 5,200.
Sources
13 October 2012: Frankfurter Allgemeine Zeitung
Citation
Eurofound (2012), Ferchau Engineering, Business expansion in Germany, factsheet number 74336, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74336.
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.
