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 Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27 - Manufacture of electrical equipment
450 jobs Number of planned job creations
Announcement Date
17 September 2007
Employment effect (start)
1 January 2008
Foreseen end date
Description
Schefenacker Vision Systems, a German group that produces lighting equipment for automobiles, is to create 450 new jobs at its existing site in Prebold. 45 are currently employed at the Prebold plant, which is operated by Schefenacker SAPS, a daughter company of Schefenacker Vision Systems. The job creation at the Prebold site follows a decision by the group to cut 500 jobs at a German site. The group has operated a strategy of ‘offshoring’ for a number of years, and has also re-located labour-intensive operations to Serbia, where wages are lower than in Slovenia. It is expected that the new jobs at the Prebold plant will be created in the first quarter of 2008.
Sources
17 September 2007: Finance
Citation
Eurofound (2007), Schefenacker SAPS, Business expansion in Slovenia, factsheet number 65814, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65814.
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.
