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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Via Stalls And Markets Or Other 47.91 - Retail sale via mail order houses or via Internet
650 jobs Number of planned job creations
Announcement Date
21 August 2020
Employment effect (start)
Foreseen end date
Description
AO, the British online-only electrical and technology group has announced that it is creating 650 new jobs in a number of locations across England (Manchester, Bolton, Telford, Thatcham and Crewe) as well as working from home roles in all areas of the business. The recruitment drive has already started.
The chief executive said that the company had benefitted from customers shifting towards online shopping in the wake of the COVID-19 crisis and that AO had experienced a 'five years’ change in five weeks'.
AO, formerly known as Appliances Online was founded in 2000. It operates in the UK and Germany, selling household and other electrical appliances. The company has sponsored a recent series of the British television show, Britain's Got Talent.
Eurofound (2020), AO World, Business expansion in United Kingdom, factsheet number 101944, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/101944.
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.
