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 Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Other Non-Metallic Mineral Products 23.1 - Manufacture of glass and glass products
150 - 180 jobs Number of planned job losses
30 jobs Number of planned job creations
Announcement Date
2 October 2014
Employment effect (start)
Foreseen end date
30 November 2015
Description
Window manufacturer Velux has announced that it is to close its manufacturing site in Glenrothes, Fife with the loss of up to 180 jobs. The Danish owned company which manufactures roof windows and skylights at the Scottish site has said that the site in Glenrothes will close by autumn 2015. Under these proposals the manufacturing company 'Fife Joinery Manufacturing' will close and its distribution business will be relocated to other parts of the UK. The company has announced that the sales and marketing division, located at a neighbouring site, will be expanded with the creation of 30 new jobs.
The company also announced that it would close its factory in Bagsvaerd in Denmark, with the loss of 65 jobs.
A spokesperson for the UK operations noted that a consultation process had started with employee representatives and it was hoped that some of the 180 affected by the closure of the manufacturing business would be able to apply for the sales and marketing jobs or would be able to relocate to other parts of the distribution business.
Sources
2 October 2014: BBC Website
Citation
Eurofound (2014), Velux, Closure in United Kingdom, factsheet number 77712, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77712.
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.
