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.
Transportation / Storage Land, Water And Air Transportation Air Transport 51.10 - Passenger air transport
120 jobs Number of planned job creations
Announcement Date
9 January 2018
Employment effect (start)
9 January 2018
Foreseen end date
31 December 2018
Description
The Hungarian budget-airline Wizz Air announced that it start operating from the airport in Vienna, Austria as of June 2018, which is set to create up to 120 new jobs. Wizz Air will start with three aeroplanes to serve cities in Eastern Europe as well as popular holiday destinations in Italy, Spain and Greece that were formerly serviced by Air Berlin and the insolvent airline Niki (as Eurofound has reported previously). The airline is currently looking for pilots as well as flight attendants.
Wizz Air expands not only to Austria but has also invested in business expansion in several other countries in Europe, such as Romania (Eurofound report on expansion in Romania). The company is planing to triple the overall number of aeroplanes, passengers and employees in the next nine years.
As of January 2018, Wizz Air employs about 3,000 people.
Sources
9 January 2018: Die Presse
12 January 2018: Der Standard
9 January 2018: TREND
Citation
Eurofound (2018), Wizz Air, Business expansion in Austria, factsheet number 93002, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93002.
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.
