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. 28.29 - Manufacture of other general-purpose machinery n.e.c.
200 jobs Number of planned job creations
Announcement Date
18 February 2015
Employment effect (start)
Foreseen end date
Description
Universal Engineering has announced the creation of 200 jobs at its site in Llantrisant in South Wales. The company produces components with various applications in fields such as offshore oil and gas, and aerospace. The company opened its new plant in Llantrisant six months ago and now wants to take advantage of the skilled workforce in the area by expanding. It also plans a centre of excellence at the site, which has been backed by £2 million investment from the Welsh Government. The timetable for filling the new vacancies is not known.
Eurofound (2015), Universal Engineering, Business expansion in United Kingdom, factsheet number 78595, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78595.
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.
