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 Food And Beverage Manufacture Of Food Products 10 - Manufacture of food products
107 jobs Number of planned job losses
Announcement Date
16 May 2008
Employment effect (start)
16 May 2008
Foreseen end date
30 May 2008
Description
Bakkavor Pasta, a pasta manufacturer based in Scunthorpe has announced that it will close at the end of May with the loss of 107 jobs. The firm attributed the closure to the increased cost of raw materials and a declining market. The firm has completed a 90 day consultation process but was unable find an alternative to closure. The firm has stated that it is assisting staff with finding alternative employment at other sites or with other employers.
Sources
16 May 2008: BBC Website
Citation
Eurofound (2008), Bakkavor Pasta, Closure in United Kingdom, factsheet number 66635, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66635.
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.
