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 Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.31 - Manufacture of electrical and electronic equipment for motor vehicles
170 jobs Number of planned job creations
Announcement Date
22 June 2016
Employment effect (start)
1 June 2016
Foreseen end date
1 June 2019
Description
Foxconn DRC, a Taiwanese electronics manufacturer, has recently opened a new Prague´s development and research centre which will employ up to 170 people within the next three years. The centre will propose software solutions and products with a focus on automation, telecommunications and electronics for the automotive industry.
Foxconn has been operating in the Czech Republic since 2000 and has plants in Pardubice and Kutná Hora with 5,500 staff. Foxconn based its headquarters for Europe, Middle East and Africa operations in the Czech republic.
Sources
22 June 2016: Deník
Citation
Eurofound (2016), Foxconn DRC, Business expansion in Czechia, factsheet number 88011, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88011.
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.
