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.
West Midlands; Shropshire and Staffordshire; Staffordshire CC
Location of affected unit(s)
Kidsgrove
Sector
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27.12 - Manufacture of electricity distribution and control apparatus
232 jobs Number of planned job losses
Announcement Date
28 September 2016
Employment effect (start)
28 October 2016
Foreseen end date
31 March 2017
Description
General Electric has announced that it is to close its operations in Kidsgrove, Staffordshire with the loss of 232 jobs. The site which manufactures components involved in the production of electricity is due for final closure in March 2017. Workers will start to leave in October 2016, with actual production scheduled to cease in December 2016. The Unite trade union has criticised the decision and has demanded further explanation as to why the site will be closed. The union has said that it suspects that General Electric wishes to transfer production to sites in Germany, though the company has rejected this suggestion.
Sources
28 September 2016: BBC Website
Citation
Eurofound (2016), General Electric, Closure in United Kingdom, factsheet number 88772, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88772.
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.
