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.
Real Estate Real Estate Activities Real Estate Activities 68.31 - Real estate agencies
100 jobs Number of planned job creations
Announcement Date
30 June 2014
Employment effect (start)
30 June 2014
Foreseen end date
31 December 2017
Description
German real estate broker Engel & Völkers announced the creation of 100 new jobs by 2017. Currently, there are 250 employees working for Engel & Völkers in Hamburg but according to media reports the company will create a new business centre in the Hamburg.
Engel & Völkers is a real estate broker for luxury estates and yachts. The company is organised as a franchise chain with 300 franchisees across 38 countries. Around 4,700 people currently work for Engel & Völkers.
Sources
30 June 2014: Hamburger Abendblatt
Citation
Eurofound (2014), Engel & Völkers, Business expansion in Germany, factsheet number 77291, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77291.
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.
