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 Manufacturing Of Furniture And Other Manufacturing Other Manufacturing 32.50 - Manufacture of medical and dental instruments and supplies
100 jobs Number of planned job creations
Announcement Date
16 October 2020
Employment effect (start)
16 October 2020
Foreseen end date
31 December 2020
Description
Linet, a Czech manufacturer of hospital and nursing beds, is to create up to 100 new jobs by the end of 2020. The company will have to hire more staff to cope with the increased interest in hospital beds in connection with the COVID-19 pandemic. At the request of the government, Linet will urgently produce 4,000 beds for Czech COVID-19 patients. According to the company's director, the supply to Czech hospitals will be given priority over some other deliveries.Since June 2020, Linet has introduced non-stop (24-hours a day) production for the first time in its history and the annual production of intensive care beds jumped to 1,200 per month.The manufacturer of hospital beds expects sales to increase to approximately CZK 10 billion (€367 million) in the 2020/2021 business year. In the previous business year, the company earned CZK 7.6 billion (€279 million).Linet, which currently employs 1,100 people, is a division of the multinational holding organisation Linet Group, and a major European manufacturer of medical beds.
Eurofound (2020), Linet, Business expansion in Czechia, factsheet number 102080, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/102080.
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.
