Ethics in the digital workplace
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.
Arco Textiles was declared involvent, leading to a total of 288 job losses.
The Special Revitalization Plan that the administration of the company presented last year was refused by creditors (such as banks). This refusal was the main reason to the court declare the insolvency of the company.
Eurofound (2015), Arco Texteis, Bankruptcy in Portugal, factsheet number 78733, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78733.