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.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62 - Computer programming, consultancy and related activities
125 jobs Number of planned job creations
Announcement Date
6 April 2017
Employment effect (start)
Foreseen end date
Description
General Dynamics has been awarded a new 330 million GBP contract by the UK Government to develop software for its defence programme. The new contract will develop radio and information systems equipment for the armed forces and will sustain 125 current jobs as well as creating a further 125 jobs at the company's Blackwood site near Caerphiliy in South Wales. General Dynamics operates 3 sites in South Wales, with the others being at Oakdale and Merthyr Tydfill. The announcement did not indicate when the new jobs will be filled.
Sources
6 April 2017: Insider Media
Citation
Eurofound (2017), General Dynamics, Business expansion in United Kingdom, factsheet number 90846, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90846.
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.
