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
150 jobs Number of planned job creations
Announcement Date
25 June 2008
Employment effect (start)
Foreseen end date
31 December 2008
Description
US automotive parts company Delphi Corporation will create 150 new jobs by the end of 2008 by offshoring its production from two of the company’s factories in Western Europe to its plant in Szombathely. The company will hire former employees of a local shoe factory that closed down several years ago. Delphi Hungary, which currently employs 800, manufactures steering wheels and electronic systems for windows, seats and blinkers at its Electronics and Safety division. Delphi Hungary has also plans to extend its Electronics and Safety division by renting additional space. Delphi’s Hungarian unit will start supplying steering wheels to Volkswagen, Smart, SEAT, Audi and Mitsubishi, among others, in early 2009.
Sources
25 June 2008: Budapest Business Journal
25 June 2008: Világgazdaság
Citation
Eurofound (2008), Delphi, Business expansion in Hungary, factsheet number 66849, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66849.
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.
