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.
Wales; West Wales and The Valleys; Bridgend and Neath Port Talbot
Location of affected unit(s)
Neath
Sector
Manufacturing Manufacture Of Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25.92 - Manufacture of light metal packaging
245 jobs Number of planned job losses
Announcement Date
15 October 2015
Employment effect (start)
Foreseen end date
Description
Packaging company Crown packaging has confirmed that consultation has started over the closure of its site in Neath, South Wales with 245 jobs to be affected. Due to the number of jobs which are due to be lost, consultation has started under the statutory procedures. The plant makes lids for metal cans and has been one of the major local employers for 75 years. The closure is due to overcapacity and a decrease in global demand for the company's products. It is not yet known when the job losses will take effect. .
Sources
15 October 2015: BBC Website
Citation
Eurofound (2015), Crown Packaging, Closure in United Kingdom, factsheet number 85277, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/85277.
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.
