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. 28.29 - Manufacture of other general-purpose machinery n.e.c.
New offshoring locations
200 jobs Number of planned job losses
Announcement Date
1 August 2015
Employment effect (start)
Foreseen end date
31 December 2015
Description
Caterpillar Global Mining Czech Republic (previously Bastro), a subsidiary of American multinational Caterpillar, has announced more than 200 dismissals and a termination of production at its Ostrava site by the end of 2015. The reason cited is an increasing competition in the market. The production of mining equipment is to be relocated/outsourced to China.
Sources
1 August 2015: E15
4 August 2015: Sondy
Citation
Eurofound (2015), Caterpillar Global Mining Czech Republic, Offshoring/Delocalisation in Czechia, factsheet number 84361, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/84361.
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.
