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 Food And Beverage Manufacture Of Food Products 10.13 - Production of meat and poultry meat products
266 - 302 jobs Number of planned job losses
Announcement Date
19 February 2018
Employment effect (start)
Foreseen end date
Description
Meat supplier Russell Hume has entered administration and announced 266 redundancies with immediate effect. The company, which is based in Derby with sites in six UK locations, had been at the centre of a scandal about food standards. As a result of the revelations the company had lost contracts with many major restuarants and pub groups. At the time the redundancies were announced, the producer employed 302 workers. It is expected that eventually all jobs will be lost, though the administrators are currently trying to find a buyer for the business and its remaining assets.
Sources
19 February 2018: BBC Website
19 February 2018: The Guardian
Citation
Eurofound (2018), Russell Hume, Bankruptcy in United Kingdom, factsheet number 93589, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93589.
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.
