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 Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26.4 - Manufacture Of Consumer Electronics
No information on job gains number available
Announcement Date
9 January 2018
Employment effect (start)
1 January 2018
Foreseen end date
Description
Famoco is French company founded in 2010 that produces secured professional Android devices. Since its constitution, the company outsourced and offshored the production activities in China, given the huge availability of suppliers at the local level. However, the company has been experienced criticalities in managing the relationship with Chinese contractors. Among the most important problems, there are the reduced cost gap between France and China, and the small size of production lots. Moreover, cultural differences made the relationships with local partners difficult. Therefore, in 2018, Famoco decided to repatriate some of its production activities to France, leveraging also on the higher technological level of production facilities at the home country.
Eurofound (2018), Famoco, Reshoring in France, factsheet number 57, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/57.
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.
