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
400 jobs Number of planned job losses
Announcement Date
13 October 2008
Employment effect (start)
Foreseen end date
30 June 2009
Description
Brano Group, a Czech car equipment manufacturer based in Hradec nad Moravicí, has announced that it to cut about 400 jobs from a total 2,500 by the end of June 2009 due to the financial crisis and decline of customer orders. This is an update of the information issued in October 2008.
Eurofound (2008), Brano Group, Internal restructuring in Czechia, factsheet number 67220, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67220.
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.
