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 29.1 - Manufacture of motor vehicles
1,000 jobs Number of planned job creations
Announcement Date
27 February 2020
Employment effect (start)
Foreseen end date
31 December 2020
Description
Toyota Peugeot Citroen Automobile Czech (TPCA), a joint venture between Toyota Motor Corporation and PSA Groupe (previously PSA Peugeot Citroen), has announced the recruitment of 1,000 new workers at its Kolin site. The recruitment campaign has already begun. The recruitment of new staff will focus primarily on Czech citizens. Approximately 400 of them could come from India temporarily. At present, 2,400 people work at the Kolin site.
This year, the company wants to invest over €180 million in new technologies aimed at expanding production capacity and to build three new halls, mainly in connection with the production of the new Toyota Yaris. TPCA did not specify the date when Yaris will start producing.
TPCA, which started production of cars in 2005, manufactures small cars mainly for the European market.Â
The average gross wage of an employee who is remunerated on a tariffs basis was CZK 42,200 (€1,658.82) last year.
Eurofound (2020), Toyota Peugeot Citroen Automobile Czech (TPCA), Business expansion in Czechia, factsheet number 99859, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/99859.
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.
