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
650 jobs Number of planned job creations
Announcement Date
11 March 2008
Employment effect (start)
Foreseen end date
Description
ZF Friedrichshafen AG, a manufacturer of parts and accessories for motor vehicles, announced on 11 March that is to create approximately 650 jobs in Germany. The company stated that 300 to 350 temporary agency workers will be employed by ZF directly. ZF intends to create another 300 jobs in its R&D departments all over Germany. ZF is pursuing a business expansion strategy stemming from the lasting demand for its products. As of March 2008, there is no information on the number employed in Germany or when the new jobs will be created by.
Sources
11 March 2008: Frankfurter Allgemeine Zeitung
Citation
Eurofound (2008), ZF Friedrichshafen AG, Business expansion in Germany, factsheet number 66393, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66393.
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.
