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. 28.92 - Manufacture of machinery for mining, quarrying and construction
260 jobs Number of planned job creations
Announcement Date
11 October 2013
Employment effect (start)
Foreseen end date
Description
Terex, manufacturer of equipment for construction, quarrying and mining industries, is to create 260 new jobs in Dungannon and Omagh. Mainly skilled workers are to be recruited.
The job expansion follows increased demand and the company’s plan to advance RD capacities. Recruitment is to take place over the next 4 years.
The company is to receive a government grant by Invest Northern Ireland amounting to GBP 2.6 million.
Terex is headquartered in Westport, US, employing about 1,100 staff at Dungannon and Omagh so far. The group employs about 20,600 staff worldwide.
Sources
11 October 2013: The Irish Times
Citation
Eurofound (2013), Terex, Business expansion in United Kingdom, factsheet number 76049, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76049.
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.
