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.
Professional Services Scientific, Architectural And Engineering Technical Activities Architectural And Engineering Activities; Technical Testing And Analysis 71.1 - Architectural and engineering activities and related technical consultancy
500 jobs Number of planned job creations
Announcement Date
6 February 2007
Employment effect (start)
1 January 2007
Foreseen end date
31 December 2007
Description
German Ferchau Engineering is a leading company providing engineering consultancy services. In February 2007, the company announced its plans to create 500 new jobs in 2007. Ferchau Engineering currently employs 3,100 people in Germany, mostly technicians and engineers. The company already created 600 new jobs in 2006.
Sources
6 February 2007: Financial Times Deutschland
Citation
Eurofound (2007), Ferchau Engineering, Business expansion in Germany, factsheet number 64916, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64916.
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.
