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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28 - Manufacture of machinery and equipment n.e.c.
370 jobs Number of planned job losses
Announcement Date
7 December 2008
Employment effect (start)
7 June 2009
Foreseen end date
7 September 2009
Description
Atlas Copco Rock Drills AB have decided to issue a notice to 370 blue-and whitecollared employees because of the heavily decreased number of orders. The notice is part of a larger restructuring measure that the company has decided to implement due to the weakening market. Roger Sandström, CEO, says that the prospects does not look good and therefore they have to take to drastic measures to save the company.
Atlas Copco Rock Drills AB in Örebro is part of the Atlas Copco Group business area Construction and Mining and Technique (CMT). They develop and manufacture drills for the mining- tunnel- and contracting industries. Atlas Copco in Örebro has about 1,600 employees.
Sources
9 December 2008: Dagens Industri
9 December 2008: Svenska Dagbladet
Citation
Eurofound (2008), Atlas Copco Rock Drills AB, Internal restructuring in Sweden, factsheet number 67682, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67682.
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.
