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, Printing And Reproduction Of Recorded Media Printing And Reproduction Of Recorded Media 18 - Printing and reproduction of recorded media
140 jobs Number of planned job losses
Announcement Date
3 February 2006
Employment effect (start)
Foreseen end date
Description
TTB Hickeys, a print company in Kent, which operates from two sites in Tonbridge, said it is closing its plants with the loss of more than 140 workers. TTB Binders and TTB Print Finishers have 140 employees and also hire home workers . The company had suffered 'trading difficulties' and went into administration.
Tonbridge administrator Vantis said that all staff had been made redundant with most owed pay arrears but also that hat two rival businesses had inquired about buying parts of the firm.
Sources
3 February 2006: BBC News
Citation
Eurofound (2006), TTB Hickeys, Closure in United Kingdom, factsheet number 62896, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62896.
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.
