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 - Computer Programming, Consultancy And Related Activities
16 jobs Number of planned job creations
Announcement Date
15 November 2016
Employment effect (start)
1 September 2014
Foreseen end date
1 November 2016
Description
Noonic is a start-up technology company which focuses on digital services. This company was founded by three Italian entrepreneurs: Nunzio Martinello, Nicola Possagnolo and Sebastiano Favaro. In September 2011, the founders moved Noonic from Italy to India because they thought that India was an immense market for their business. However, as the complexity of the products offered by the company increase, the graphic department and a part of programmers of Noonic have been moved back to Padova (Italy) from Bangalore (India) in 2014. Most of the business activities were left in India as Asia remains the strategic market. "Here we find employees with stronger creative abilities, and the better quality of life (in Italy) enables them to make the most of their abilities" said by the three entrepreneurs of Noonic. Moving company back to home country (Italy) is also because of company’s rapid development in Europe, more complex products with better design are demanded.
Eurofound (2016), Noonic, Reshoring in Italy, factsheet number 105, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/105.
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.
