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. 28.2 - Manufacture of other general-purpose machinery
New offshoring locations
Not Available
250 jobs Number of planned job losses
Announcement Date
5 September 2013
Employment effect (start)
30 September 2013
Foreseen end date
30 September 2014
Description
The American company Tenneco, specialised in vehicle equipments, announced its intention to relocate 250 Belgian jobs to Eastern European countries. According to the management, this decision comes from a broader plan which aims at cutting 480 jobs in Europe in order to remain competitive. There is currently no official reaction from the unions.
Eurofound (2013), Tenneco, Offshoring/Delocalisation in Belgium, factsheet number 75843, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75843.
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.
