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 27.51 - Manufacture of electric domestic appliances
While the company was best known for its coffee makers, producing lamps was its main field of activity. In early 2018, the firm embarked on a costly investment program to enhance its lamp production capacities so as to win a new large-scale order from furniture retailer Ikea. But Ikea soon withdrew its order, citing quality problems. Accumulating operating loss and liquidity problems eventually forced the 66 years old company to close its doors.
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.
