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 Publishing Of Information; Production And Programming Of Audiovisual Publishing Activities 58.29 - Other software publishing
200 jobs Number of planned job creations
Announcement Date
6 April 2022
Employment effect (start)
1 May 2022
Foreseen end date
31 December 2022
Description
The Critical Manufacturing, a subsidiary of the ASM Pacific Technology Limited, located in Maia, North Portugal, will recruit 200 new workers until the end of 2022. The company is looking for industrial management and software development engineers, but also professionals for areas such as project management, support, marketing and commercial. Currently, the company employs more than 300 employees.
In 2021, the company recorded a growth of 65% compared to 2020, and for 2022 the forecasts point to a 60% increase in sales.
Currently, 99% of Critical Manufacturing employees continue in telework, with no drop in productivity in these two years of pandemic. However, the company does not believe in a 100% remote work regime, but rather in a hybrid model.
Eurofound (2022), Critical Manufacturing Portugal, Business expansion in Portugal, factsheet number 106559, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106559.
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.
