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 Material For Textiles, Apparel, Leather And Related Products Manufacture Of Leather And Related Products 15.12 - Manufacture of luggage, handbags and the like, saddlery and harness
180 jobs Number of planned job creations
Announcement Date
12 January 2018
Employment effect (start)
15 January 2018
Foreseen end date
1 January 2019
Description
The luxury leather goods manufacturer Algo has announced its plans to recruit 180 employees by 2019. Algo is building a new site at Albon (Drôme) that will open in 2019. In the meantime, Algo uses a provisory site in the same area and will recruit 30 employees in the coming weeks. It will recruit 150 more employees in the coming months.
Sources
12 January 2018: Le Dauphiné
Citation
Eurofound (2018), Algo, Business expansion in France, factsheet number 93068, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93068.
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.
