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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.11 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
170 jobs Number of planned job losses
Announcement Date
4 October 2012
Employment effect (start)
4 December 2012
Foreseen end date
Description
Lear, supplier of seating and electrical power management systems to the automotive industry, is to close its plant located at Termini Imerese (Sicily), with the consequent loss of 170 jobs.
The company has announced to start the collective dismissals procedures, after the recourse to the Wage Guarantee Fund schemes. The closure of the Lear Sicilian plant is strictly linked to the closure of the Fiat plant (occurred in 2011), its main customer. A reindustrialization plan of the area has not yet come into effect.
Sources
5 October 2012: La Repubblica
Citation
Eurofound (2012), Lear, Closure in Italy, factsheet number 74246, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74246.
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.
