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 23.14 - Manufacture of glass fibres
123 - 461 jobs Number of planned job losses
Announcement Date
20 February 2007
Employment effect (start)
1 January 2008
Foreseen end date
28 February 2011
Description
Desjonquères, a manufacturer of glass fibres, announced on 20 February 2007 that it will cut between 123 and 461 jobs between January 2008 and February 2011 in its factory in Tréport, near Paris. The owner of Desjonquères, Saint Gobain Group, is selling the company and there is already a firm interested in acquiring Desjonquères. Saint Gobain announced that it expects to obtain around 690 million euros from the divestment. In addition, Saint Gobain announced that it would build a new factory in France to manufacture glass wool.
Sources
19 February 2007: La Tribune
20 February 2007: AFP
20 February 2007: Les Echos
Citation
Eurofound (2007), Desjonquères, Internal restructuring in France, factsheet number 64954, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64954.
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.
