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.
East Midlands; Leicestershire; Rutland and Northamptonshire
Location of affected unit(s)
Corby
Sector
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
500 jobs Number of planned job creations
Announcement Date
7 October 2009
Employment effect (start)
Foreseen end date
Description
Kenmark, a Taiwanese flat screen TV specialist, has announced plans to create 500 new jobs in Northamptonshire. The company is forecasting significant growth in flat screen television sales as the economy begins to recover and therefore plans to open a factory in Corby early in 2010. The East Midlands Development Agency has led a group of organisations to help bring the company to the town. The agency's international team has worked for three years with UK Trade and Investment's Taipei-based team and Northamptonshire Enterprise Limited in order to secure the Kenmark deal. The new jobs will be created over a three-year period.
Sources
7 October 2009: BBC News
Citation
Eurofound (2009), Kenmark, Business expansion in United Kingdom, factsheet number 69862, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69862.
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.
