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 Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27.5 - Manufacture of domestic appliances
100 jobs Number of planned job creations
Announcement Date
25 December 2016
Employment effect (start)
1 July 2017
Foreseen end date
Description
Foxconn Slovakia is expanding its production in the industrial park in the city of Nitra, which will create between 100-160 new jobs. Of the new jobs, 20-40 will be in administration and 80-120 in production. The company will invest around €400,000 in refurbishing an unused production hall and installing two new assembly lines there, which should be completed by mid-year 2017. Foxconn assembles LCD TVs and produces printed circuit boards using the SMT technology.Â
Foxconn Slovakia, a registered trademark of the Taiwan-based Hon Hai Precision Industry group, was established in 2010. Foxconn is a major consumer electronics producer in the world, supplying companies such as Microsoft, Apple and Hewlett-Packard.Â
Â
Sources
25 December 2016: TERAZ.SK
Citation
Eurofound (2016), Foxconn Slovakia, Business expansion in Slovakia, factsheet number 89745, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/89745.
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.
