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.
Transportation / Storage Land, Water And Air Transportation Air Transport 51.10 - Passenger air transport
800 jobs Number of planned job creations
Announcement Date
19 August 2021
Employment effect (start)
19 August 2021
Foreseen end date
Description
Hungary-based low-cost airline Wizz Air has announced that it will hire 800 flight attendants worldwide by the end of 2021, launching its largest recruitment campaign up to date. During August and September 2021, Wizz Air is to hold recruitment actions in several countries in Europe, including Hungary. The workforce expansion is connected to the short-term need to address labor shortages resulting from recent job cuts related to COVID-19, but also to an ambitious expansion strategy that entails the tripling of the fleet of the company to 500 Airbus planes over the next ten years.
Among others, in August 2021, the company announced a plan to recruit 4,600 pilots worldwide by 2030; to this summer, the company has trained 150 pilots since January 2021, with another 300 hires set to take place by the end of the year. Additionally, Wizz Air is recruiting cabin crew members across its bases.
Headquartered in Hungary, Wizz Air operates flights from 49 countries, flying to 191 destinations and 800 routes.
Previous restructuring programme (cuts affecting 1,000 jobs worldwide) was announced in April 2020.
Eurofound (2021), Wizz Air, Business expansion in World, factsheet number 105192, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/105192.
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.
