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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
104 jobs Number of planned job losses
Announcement Date
18 May 2007
Employment effect (start)
31 August 2007
Foreseen end date
31 August 2007
Description
ISS Logistique et Production, an automobile equipment supplier and the subsidiary company of the British Capital Venture City Bank, announced on 18 May 2007 the closure of its factory in Fleury sur Andelle (Eure). The site, which currently employs 104 people, will close down on 31 August 2007. This decision responds to the loss of contracts with French automobile manufacturer PSA Peugeot-Citroën SA.
Sources
18 May 2007: Usine Nouvelle
21 May 2007: Les Echos
Citation
Eurofound (2007), ISS Logistique et Production, Closure in France, factsheet number 65362, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65362.
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.
