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 Other Transport Equipment 30.30 - Manufacture of air and spacecraft and related machinery
89 jobs Number of planned job losses
Announcement Date
25 June 2020
Employment effect (start)
1 July 2020
Foreseen end date
31 December 2020
Description
The aeronautical subcontractor Halgand has decided to implement an employment safeguard plan based on 89 job cuts. Halgand currently employs 260 employees on permanent contracts. The restructuring plan is justified by a significant drop in activity and a revision of contracts towards lower prices dueto the COVID-19 crisis. The positions likely to be eliminated have not yet been defined. Concurrently with the plan, the employees suffered their salaries' 13th month cut for the year 2020.
In 2019, despite the announced end of the A380 programme, Halgand benefited from the good health of the aeronautics sector, particularly Airbus. It announced the construction of a 2,000 m² extension, even envisaging a further expansion in the medium term.
Eurofound (2020), Halgand, Internal restructuring in France, factsheet number 101092, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/101092.
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.
