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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
120 jobs Number of planned job creations
Announcement Date
1 November 2017
Employment effect (start)
1 November 2017
Foreseen end date
31 December 2017
Description
US-based automotive supplier Federal Mogul will hire 120 persons at its two plants in Ploiesti (Prahova County) by the end of 2017. The two plants produce windscreen wipers and braking pads. Furthermore, the company has a service centre located in Bucharest.
The advertised jobs are for people specialising in electrical engineering, mechanics, chemistry and IT.
Federal Mogul entered the Romanian market in 2014.
As of 2017, Federal Mogul employs 50,000 employees worldwide.
Sources
1 November 2017: automarket.ro
1 November 2017: Ziarul Financiar
Citation
Eurofound (2017), Federal Mogul, Business expansion in Romania, factsheet number 92453, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/92453.
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.
