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.
Retail Wholesale And Retail Trade And Repair Of Motor Vehicles And Motorcycles Wholesale Trade Of Motor Vehicle Parts And Accessories 45.32 - Retail trade of motor vehicle parts and accessories
200 jobs Number of planned job creations
Announcement Date
9 May 2023
Employment effect (start)
9 May 2023
Foreseen end date
Description
US-based Genuine Parts Company, a distributor of automotive and industrial spare parts, has opened a Global Technology Centre (Globalne Centrum Technologiczne) in Krakow, Poland, where it will employ 200 engineers. The Krakow technology centre will focus on building cyber-security, sales and supply chain platforms, access to talent and high potential related to specialists were cited as reasons for choosing the location, with experts in digitisation, programming and cyber-security, among others, now sought after.
Genuine Parts Company (GPC) was founded in Atlanta in 1925, and is now has a global leader in the distribution of replacement automotive and industrial parts.
Eurofound (2023), GPC, Business expansion in Poland, factsheet number 109039, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/109039.
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.
