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.
Professional Services Scientific, Architectural And Engineering Technical Activities Scientific Research And Development 72 - Scientific Research And Development
100 jobs Number of planned job creations
Announcement Date
18 October 2023
Employment effect (start)
18 October 2023
Foreseen end date
1 January 2025
Description
Exotec, a company specialized in robots for logistics warehouses, has announced that it is to set up an R&D activity in automation software in Lyon, creating around 100 new jobs between now and 2025. Initially, around ten jobs will be created in Lyon, particularly in project management. Exotec will then recruit 25 R&D positions in 2024.
The company provides a collaborative robotics solution to boost productivity and flexibility in warehouse order picking. The robots drastically minimize the amount of walking required by operators, enabling them to concentrate on added-value handling, thereby increasing warehouse capacity. The company chose Lyon for its high concentration of engineering schools and its good transport links with Lille, where the company's headquarters are located.
Eurofound (2023), Exotec Solutions, Business expansion in France, factsheet number 200411, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200411.
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.
