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.
Région Wallonne; Prov. Brabant Wallon; Arr. Nivelles
Location of affected unit(s)
Louvain La Neuve
Sector
Manufacturing Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Other Non-Metallic Mineral Products 23.1 - Manufacture of glass and glass products
95 jobs Number of planned job losses
Announcement Date
3 July 2020
Employment effect (start)
3 July 2020
Foreseen end date
Description
AGC Glass Europe, a Belgian manufacturer of glass products has announced internal restructuring measures. In total 95 of the 612 employees are at risk of losing their jobs. The company management has stated the restructuring is necessary and will allow for a buffer in the coming years where they expect a significant reduction in turnover. The company has been struck by the current COVID-19 crisis, which has led to a standstill in both the construction and automotive sector, both important markets for the company.
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.
