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 27.2 - Manufacture of batteries and accumulators
New offshoring locations
Poland
331 - 195 jobs Number of planned job losses
100 jobs Number of planned job creations
Announcement Date
5 January 2011
Employment effect (start)
Foreseen end date
Description
On 5 January, the solar cells manufacturer Photowatt announced it is to cut 195 jobs (permanent posts) at its Bourgoin-Jallieu (Isère) site. The French subsidiary of the Canadian group ATS has to compensate for a large sales price decrease (-45% since 2008). The group also announced its intention to help offset the job loss by recruiting 100 workers for product development.
Update 04-02-2011: In addition to the 195 job losses announced earlier, in February Photowatt announced to cut 136 temporary worker's positions at its site in Bourgoin-Jalllieu. Reportedly the jobs will be delocalised to Poland.
Eurofound (2011), Photowatt, Offshoring/Delocalisation in France, factsheet number 71482, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71482.
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.
