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 Of Material For Textiles, Apparel, Leather And Related Products Manufacture Of Leather And Related Products 15.12 - Manufacture of luggage, handbags and the like, saddlery and harness
300 jobs Number of planned job creations
Announcement Date
5 November 2020
Employment effect (start)
Foreseen end date
31 December 2021
Description
In the former Enny factory in Cerreto Guidi in the metropolitan area of Florence, the luxury fashion brand Balenciaga - part of the French group Kering - will open a large leather workshop employing 300 workers in 2021.
The workshop will produce Balenciaga bags and will be located in a renovated building previously used as a leather shop. It will also host a training centre.
The news was welcomed with great satisfaction by the major of Cerreto Guidi.
Eurofound (2020), Balenciaga, Business expansion in Italy, factsheet number 102405, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/102405.
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.
