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 Manufacturing Of Furniture And Other Manufacturing Other Manufacturing 32 - Other manufacturing
New offshoring locations
129 jobs Number of planned job losses
Announcement Date
28 November 2007
Employment effect (start)
1 April 2008
Foreseen end date
1 July 2008
Description
Comotec, a French firm that manufactures parts for spectacles, has announced that it is to cut 129 jobs at its site in Morez. The firm employs 222 at the Morez plant. The job losses will be implemented between April and July 2008, and the firm has stated that the work will be moved to a site in China. Management at the firm have stated that the job losses are expedient due to the consistent financial losses made by the firm in recent years. Comotec is a part of the Italian group Mazzucchelli.
Eurofound (2007), Comotec, Offshoring/Delocalisation in France, factsheet number 66063, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66063.
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.
