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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.92 - Manufacture of machinery for mining, quarrying and construction
160 jobs Number of planned job losses
Announcement Date
6 November 2012
Employment effect (start)
6 May 2013
Foreseen end date
Description
Atlas Copco Rock Drills, manufacturer of drilling equipment, mobile crushers and screeners for quarries and open pit mines, has announced a reduction of 160 jobs due to diminishing order flows. The reduction is distributed on 105 blue-collar jobs and 55 white-collar jobs.
The company has 1,900 employees and the reductions are planned to start taking effect in six months' time.
Anther reduction was already announced within the Atlas Copco Group this year. (See: here. For earlier reductions see: 12901, 12268, 12898, 12034, 9890.)
As of November 2012 there is no information of when the reductions are to be completed by.
Sources
6 November 2012: Dagens Industri
Citation
Eurofound (2012), Atlas Copco Rock Drills, Internal restructuring in Sweden, factsheet number 74445, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74445.
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.
