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.
455 jobs Number of planned job losses
Announcement Date
13 January 2009
Employment effect (start)
Foreseen end date
Description
Last January, JCB, a manufacturer of construction machinery, announced the loss of 684 jobs at its plants in Staffordshire, Derbyshire and Wrexham. On 10 April 2009, the company announced that, following a 90 day consultation with employee representatives, 229 of the 394 announced job losses at the firm's site in Staffordshire will not be implemented.
JCB has already reduced its UK workforce to 4,800 as demand from the construction sector has declined. The company has attributed the latest cuts to the problems that its customers are having in obtaining credit to purchase its products. As of April 2009, there is no information about when these jobs will be lost.
Sources
13 January 2009: The Guardian
13 January 2009: Financial Times
10 April 2009: BBC News
Citation
Eurofound (2009), JCB, Internal restructuring in United Kingdom, factsheet number 67818, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67818.
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.
