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.
Ostösterreich; Niederösterreich; Wiener Umland/Südteil
Location of affected unit(s)
Schwechat
Sector
Transportation / Storage Land, Water And Air Transportation Air Transport 51.10 - Passenger air transport
600 jobs Number of planned job creations
Announcement Date
13 September 2022
Employment effect (start)
1 October 2022
Foreseen end date
Description
Ryanair, an Irish airline company operating at the Vienna International Airport in Schwechat, Lower Austria, expands the winter flight schedule, creating 600 new jobs. Aiming at growth and an upturn in tourism Ryanair-CEO Michael O'Leary announced an "record winter flight schedule", usually starting from October 2022, extended by eight destinations, 17 new planes stationed in Vienna and 600 additional flights per week. The company has invested 1,7 billion dollars in the Vienna-Schwechat site for this purpose.
Ryanair has a total of 17,268 employees and a turnover of 8,4 million euros (as of March-April 2020).
Eurofound (2022), Ryanair, Business expansion in Austria, factsheet number 107432, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/107432.
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.
