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.
Manufacturing Manufacture For Transport Equipment Manufacture Of Other Transport Equipment 30.92 - Manufacture Of Bicycles And Invalid Carriages
50 jobs Number of planned job creations
Announcement Date
16 February 2016
Employment effect (start)
1 September 2015
Foreseen end date
1 August 2016
Description
Frog bike is a British company that produces bikes for kids. The company started activities in 2013, outsourcing the assembling to China. However, after a couple of years, the company has started to recognize several issues with offshoring. In particular, Frog bikes turned out to be unable to forecast demand, and the production in China implied queues and waiting lists every time demand was higher than forecast. The reshoring decision has received support from MAS, the UK advisory service specialized in supporting SME in their strategies including reshoring. Owners recognize the MAS role as very positive in aiding their decision . The backshoring has allowed the creation of 50 jobs in Pontypool.
Eurofound (2016), Frog Bikes, Reshoring in United Kingdom, factsheet number 151, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/151.
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.
