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 Food And Beverage Manufacture Of Food Products 10 - Manufacture of food products
160 - 680 jobs Number of planned job losses
Announcement Date
1 March 2019
Employment effect (start)
Foreseen end date
28 April 2019
Description
Food manufacturer Bakkavor has announced plans to close one of its sites in Lincolnshire. The decision to close the operations near Spalding will result in the loss of 680 jobs, though Bakkavor has said that it is likely that 520 employees will be offered alternative employment within the group. A 45 day consultation over the proposed job losses will start, though subject to that consultation it has already been announced that the closure of the site is planned for April 2019. A previous restructuring took place in 2018, when 200 jobs were created.
Eurofound (2019), Bakkavor, Closure in United Kingdom, factsheet number 97391, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/97391.
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.
