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 Of Material For Textiles, Apparel, Leather And Related Products Manufacture Of Wearing Apparel 14 - Manufacture of wearing apparel
150 jobs Number of planned job losses
Announcement Date
24 June 2009
Employment effect (start)
Foreseen end date
Description
The Portuguese textile company Mateus e Mendes, located in the industrial area of Castelo Branco, has closed, leading to the dismissal of 150 female workers. The company had already stopped production for the last two weeks, and the request for insolvency is currently taking place.
According to the textile trade union, the suspension of contracts until the decision of the creditors meeting would be the best solution, but the company has opted to make the dismissals.
Eurofound (2009), Mateus e Mendes, Bankruptcy in Portugal, factsheet number 69194, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69194.
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.
