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 Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27 - Manufacture of electrical equipment
387 jobs Number of planned job losses
Announcement Date
18 September 2009
Employment effect (start)
Foreseen end date
31 December 2009
Description
French cable manufacturer Nexans has announced its plans to cut 387 jobs in France and to close down the plant in Chauny in northern France.
The Chauny facility employs 220 workers. Further cuts affect the plants in Fumay (53 job losses), Clichy, Jeumont, Lyon and Mehun. Management will launch a restructuring plan to foster voluntary departures and to organise internal transfers in order to avoid direct lay-offs.
The project was announced to staff representatives in September.
Eurofound (2009), Nexans, Internal restructuring in France, factsheet number 69580, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69580.
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.
