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.
Puig-reig (Berguedà) and Castellbell i el Vilar (Bages)
Sector
Manufacturing Manufacture Of Material For Textiles, Apparel, Leather And Related Products Manufacture Of Textiles 13.1 - Preparation and spinning of textile fibres
156 jobs Number of planned job losses
Announcement Date
1 March 2006
Employment effect (start)
8 April 2006
Foreseen end date
Description
Torcidos Ibéricos, a manufacturer of nylon threads, announced on 1 March 2006 that it is going to initiate a redundancy procedure on 8 March 2006 for the closure of its two factories in Puig-reig and Castellbell i el Vilar, both in Barcelona.
The number of employees dismissed will be 156, most of them women.
The company has not been able to survive competition from China. The company had already dismissed 91 employees in 2005.
Sources
2 March 2006: El País
Citation
Eurofound (2006), Torcidos Ibéricos, Closure in Spain, factsheet number 64454, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64454.
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.
