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 27.12 - Manufacture of electricity distribution and control apparatus
200 jobs Number of planned job creations
Announcement Date
3 December 2018
Employment effect (start)
1 January 2019
Foreseen end date
31 December 2019
Description
Socomec, an electrical equipment manufacturer, announced the recruitment of 200 employees in 2019, of which 160 in the region of Alsace. The company is looking for engineers, sales representatives, software developers, maintenance technicians and cable and equipment assemblers.
Socomec, founded in 1992, specialises in production of low voltage electrical energy for the industry and service sector, employs 3,200 people worldwide, including 1,200 in Alsace where its headquarter is located. Its turnover reached €505 millions in 2017. Socomec expects a growth of 5% in 2018. In 2011, Socomec announced 300 job creations.
Sources
Citation
Eurofound (2018), Socomec, Business expansion in France, factsheet number 96050, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/96050.
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.
