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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.20 - Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers
150 jobs Number of planned job losses
Announcement Date
5 June 2019
Employment effect (start)
1 September 2019
Foreseen end date
Description
Swedish trailer manufacturer Volvo Trucks plans to dismiss 150 employees at its Tuve factory starting after the summer. The company maintains that the job losses are due to a decrease in the demand trends from the North American and European markets. The production is projected to go down from 30 to 16 trucks per night shift. The dismissals concern temporary employees and employees hired through employment agencies.
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.
