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 Other Non-Metallic Mineral Products 23 - Manufacture of other non-metallic mineral products
200 jobs Number of planned job losses
Announcement Date
5 February 2004
Employment effect (start)
Foreseen end date
Description
The Verrerie de Vianne, glass manufacturer specialised in glass for lamps, has filed for bankruptcy. The Tribunal of Commerce of Agen has rejected as not viable the two takeover proposals. It is the third bankruptcy of this company since 1985. In 1997, it was taken over by Covigest, but has since seen its turnover go from 21.6 to 10.9 million euros. The closure puts 200 workers out of job. In March 2004, 58 former employees have decided to take over the company's activities. This recovery plans to hire 63 employees within 5 months.
Sources
5 February 2004: Les Echos
19 March 2004: La Tribune
Citation
Eurofound (2004), Verrerie de Vianne, Bankruptcy in France, factsheet number 59275, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59275.
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.
