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 29.32 - Manufacture of other parts and accessories for motor vehicles
400 jobs Number of planned job losses
Announcement Date
18 March 2020
Employment effect (start)
20 March 2020
Foreseen end date
Description
Borgers CS, a manufacturer of textiles and mouldings for cars will lay off about 400 agency workers on Friday 20th March and hundreds more people will gradually stay home and be receiving 60% of their average earnings. The reason for this is the cancellation of orders from the three largest automakers (Škoda Auto, TPCA and Hyundai) that are closing or significantly reducing their domestic production due to the coronavirus pandemic.
The company currently employs more than 2,000 people at its four plants in the Rokycany region and is preparing to shut down part of the production.
Borgers CS is part of the German Borgers Group with 23 manufacturing plants in Europe, China and the USA.
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.
