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 Material For Textiles, Apparel, Leather And Related Products Manufacture Of Wearing Apparel 14 - Manufacture of wearing apparel
New offshoring locations
500 jobs Number of planned job losses
Announcement Date
4 August 2008
Employment effect (start)
Foreseen end date
Description
OP Prostějov, a well-established Czech firm which produces clothing, has announced that it is to cut at least 500 jobs from a total of 2,500 in its parent plant in Prostějov. The company will offshore part of the production to cheaper producers in Asia and cites the current strength of the Czech currency as one of the factors contributing to the job losses. This year, the firm has already closed its daughter plants in the Czech Republic with a loss of about 1,000 jobs.
Sources
4 August 2008: Hospodárske noviny
Citation
Eurofound (2008), OP Prostějov, Offshoring/Delocalisation in Czechia, factsheet number 66943, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66943.
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.
