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 29.1 - Manufacture of motor vehicles
250 jobs Number of planned job losses
Announcement Date
17 August 2007
Employment effect (start)
3 September 2007
Foreseen end date
30 November 2007
Description
Volvo, the multi-national manufacturer of motor vehicles, is to cut 250 jobs across Sweden. The sites that are to be affected by the restructuring are Göteborg, Skövde and Olofström. There is no news as of August 2007 as to the number of job losses that will affect each plant, but it is expected that the job losses are to implemented by the end of November 2007. It is also expected that employees over the age of 55 who are affected by the restructuring will be offered voluntary retirement packages.
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.
