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
165 jobs Number of planned job losses
Announcement Date
30 January 2009
Employment effect (start)
Foreseen end date
Description
Due to global economic downturn, Yazaki, a Japanese maker of electronic components for the auto industry, has announced that it is to make 165 employees redundant at its facility in Michalovce. Yazaki is one of the biggest employers in the region with about 6.3% unemployment. As of January 2009, there is no information when the job losses will occur.
Sources
30 January 2009: Hospodárske noviny
Citation
Eurofound (2009), Yazaki Wiring Technologies Slovakia, Internal restructuring in Slovakia, factsheet number 68379, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68379.
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.
