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
150 jobs Number of planned job losses
Announcement Date
10 December 2007
Employment effect (start)
1 January 2008
Foreseen end date
31 January 2008
Description
PartnerTech, a manufacturer of electronic and mechanical products, has announced that it is to cut approximately 150 jobs primarily at production units in Sweden, Finland and the UK. The redundancies are a consequence of an internal restructuring programme aimed at adjusting costs to lower sales and streamlining operations. The implementation of the programme will save an estimated SEK 100 million on a full-year basis. PartnerTech employs 719 in Sweden, 180 in Finland and 281 in the UK.
Sources
11 December 2007: Dagens Industri
Citation
Eurofound (2007), Partnertech, Internal restructuring in European Union, factsheet number 66173, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66173.
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.
