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 - Manufacture of machinery and equipment n.e.c.
New offshoring locations
Lithuania
227 - 347 jobs Number of planned job losses
Announcement Date
7 August 2014
Employment effect (start)
1 September 2014
Foreseen end date
31 December 2014
Description
Wiring systems and electronics producer PKC Eesti, subsidiary of the PKC Group, is to close its factory in Haapsalu. 347 jobs are at risk. According to the sources, the firm plans to relocate the activities of two lines of the Haapsalu plant to another production site in the country (Keila) and also offshore the activities of another two production lines to a group site in Lithuania. As reported, in this framework the firm will give the opportunity to 100-120 employees to move to the Keila site thus the exact number of redundancies is not clear yet.
According to PKC Estonia chair of the board, Lauri Rohtoja, the closure is due to a need for production flexibility based on a client base consolidation and changing purchasing behaviour, combined with the levels of availability of qualified labour and the production scale. As mentioned, KPC also notified the local government and the Estonian Unemployment Insurance Fund of the redundancies and is ready for cooperation to support employees losing their current jobs to find new employment.
PKC Group is manufacturing wiring harnesses, cabling and electronics for the automotive, telecommunications and electronics industries. For previous restructuring events see PKC Eesti-2009 and PKC Eesti-2007.
Sources
7 August 2014: Lääne Elu
7 August 2014: Delfi Ärileht
Citation
Eurofound (2014), PKC Eesti, Offshoring/Delocalisation in Estonia, factsheet number 77393, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77393.
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.
