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 Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22 - Manufacture of rubber and plastic products
New offshoring locations
150 jobs Number of planned job losses
Announcement Date
28 October 2003
Employment effect (start)
Foreseen end date
Description
Nolato, specialised in the development and manufacture of polymer products, will relocate part of its activities from Sweden to China in order to meet its customers demand in the mobile telephone sector, which require components to be available directly in China. The change in the demand structure will lead to the take-on of 250 people in Bejing (China) and a personnel reduction of 150 people in Kristianstad (Sweden).
Sources
28 October 2003: Nolato (press release)
28 October 2003: Dagens Nyheter
Citation
Eurofound (2003), Nolato, Offshoring/Delocalisation in Sweden, factsheet number 58858, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/58858.
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.
