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 Motor Vehicles, Trailers And Semi-Trailers 29 - Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
200 jobs Number of planned job creations
Announcement Date
8 February 2017
Employment effect (start)
1 January 2017
Foreseen end date
1 December 2020
Description
McLaren is an multinational automotive company based in UK. In 2017, the company invested around £50 million in a new plant in Sheffield (UK) where it relocated the production of carbon-fibre “tubs” earlier offshored to Austria. The decision will create around 200 new job positions by 2020. The main reasons for relocation decision were the higher control over the manufacturing processes, and the protection from any tariffs related to the imminent Brexit.
Eurofound (2017), McLaren, Reshoring in United Kingdom, factsheet number 44, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/44.
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.
