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 Basic Metal And Fabricated Metal Products Manufacture Of Basic Metals 24.53 - Casting of light metals
114 jobs Number of planned job losses
Announcement Date
24 November 2010
Employment effect (start)
30 November 2010
Foreseen end date
31 December 2010
Description
On January 19th 2011, the Commercial Court of Montlucon endorsed DMI's dismissal of 114 workers at its newly acquired smelter in Vaux. The former owner of the smelter, Brealu, had been in receivership since August 2010 and management agreed that it would cease trading in early December following the commercial court's ruling on their bankruptcy. DMI, which is an American corporation, plans to continue normal operations at Brealu.
Eurofound (2010), Bréalu, Internal restructuring in France, factsheet number 71224, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71224.
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.
