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.
Northern Ireland; West and South of Northern Ireland;
Location of affected unit(s)
Magherafelt
Sector
Manufacturing Manufacture Of Food And Beverage Manufacture Of Food Products 10.71 - Manufacture of bread; manufacture of fresh pastry goods and cakes
47 jobs Number of planned job creations
Announcement Date
19 September 2017
Employment effect (start)
Foreseen end date
Description
Genesis Crafty bakers has announced plans to create 47 new jobs after it was awarded a contract extension with major retailer Marks and Spencer. The business, which is based in Magherafelt near Derry / Londonderry currently employs 250 staff and has invested 6 million GBP in new equipment and facilities following Marks and Spencer's decision. This will double the cake production side of the business, and the products will be made available across the 800 strong M&S UK network of stores. There is no information available about when the positions are expected to be filled.
Sources
19 September 2017: BBC Website
Citation
Eurofound (2017), Genesis Crafty, Business expansion in United Kingdom, factsheet number 92073, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/92073.
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.
