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.
South East; Berkshire; Buckinghamshire and Oxfordshire
Location of affected unit(s)
Cowley
Sector
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.1 - Manufacture of motor vehicles
290 jobs Number of planned job losses
Announcement Date
22 November 2008
Employment effect (start)
5 January 2009
Foreseen end date
5 January 2009
Description
BMW, a car manufacturer, has announced that it is to cut 290 agency jobs at its Mini plant in Cowley, near Oxford. The company employs 4700 workers at the plant, with around 1400 of these being agency staff. The company stated that it was attempting to match supply of its vehicles with the currently reduced levels of demand. The job cuts will come into place when the company cuts its Friday late shift on Friday 5 January 2009.
Sources
22 November 2008: Oxford Mail
24 November 2008: BBC News
Citation
Eurofound (2008), BMW, Internal restructuring in United Kingdom, factsheet number 67520, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67520.
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.
