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
New offshoring locations
Hungary, Czechia
305 jobs Number of planned job losses
Announcement Date
5 September 2008
Employment effect (start)
14 December 2008
Foreseen end date
10 May 2009
Description
American car components manufacturer Tyco Electronics has announced the loss of 305 jobs with the delocalisation of production to Hungary and Czech Republic and the closure of its plant in Berga (Barcelona) currently employing 213. Another 69 jobs will be cut in the plant in Montcada (Barcelona) and 23 jobs in the company’s offices in Barcelona. According to some sources another plant in Valls (Spain) may also close but no official announcement has been made yet.
Eurofound (2008), Tyco Electronics, Offshoring/Delocalisation in Spain, factsheet number 67033, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67033.
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.
