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 Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25.11 - Manufacture of metal structures and parts of structures
140 jobs Number of planned job losses
Announcement Date
25 March 2015
Employment effect (start)
Foreseen end date
Description
G&G, a metal construction company in Willebroek, has indicated that it will close due to declining demand and lack of orders. In total, 90 blue-collar workers and 50 white collar workers will lose their jobs. The company has reported a loss in each of the last seven quarters and was already making recourse to temporary unemployment schemes. Trade unions agree with the diagnosis of strong competition in the sector and declining order books for the company but suggest mismanagement as one cause of the announced closure.
Sources
25 March 2015: De Standaard
Citation
Eurofound (2015), G&G, Closure in Belgium, factsheet number 79158, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/79158.
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.
