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.
BT Openreach has announced that it is to create 500 new jobs. The telecommunications company will recruit engineers to work on its network. Most of the new jobs will be permanent, though some will be on 18 month contracts. The recruitment comes as the company looks to increase its workforce both for its own upcoming projects and in order to meet regulatory requirements about service levels.
Other major infrastructure projects, by competitors, which are scheduled to take place may lead to higher labour costs and / or shortages across the sector and have also been reported as influencing this latest move by BT. The company previously recruited a number of engineers earlier in 2014, and it is thought that recruitment will initially be from unsuccessful applicants from this previous recruitment drive. It is not known when the jobs will be filled.
Sources
20 October 2014: ISP review
20 October 2014: The Telegraph
Citation
Eurofound (2014), BT Openreach, Business expansion in United Kingdom, factsheet number 77748, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77748.
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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.
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