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.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62.0 - Computer programming, consultancy and related activities
500 jobs Number of planned job creations
Announcement Date
22 October 2020
Employment effect (start)
Foreseen end date
Description
The Hut Group (THG), the British e-commerce company has announced that it will create 500 jobs in the North West region of England by the end of 2020. Most of the new jobs are in THG’s technology services division.
THG’s chief executive officer said that the uncertainty caused by the COVID-19 pandemic had created 'unprecedented opportunity' for the company, because businesses were increasingly focusing on selling their products directly to customers.
The Hut Group owns a number of beauty and wellness brands and provides e-commerce services to owners of other consumer brands, including Nestlé, Honda and Disney. The company has operations in Europe, North America and in the Asia Pacific, and employs over 8,000 people globally.
Eurofound (2020), The Hut Group, Business expansion in United Kingdom, factsheet number 102508, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/102508.
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.
