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 Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27.9 - Manufacture of other electrical equipment
100 jobs Number of planned job creations
Announcement Date
11 May 2018
Employment effect (start)
11 May 2018
Foreseen end date
Description
The German microelectronics producer Infineon Technologies AG has announced it will open a new development centre in Dresden which will create 100 new jobs this year. The centre will focus on new products and solutions for the automobile industry and artificial intelligence.
In the long-term, Infineon plans to increase the number of employees at the development centre to 250. A timetable for this has not yet been announced.
Currently, Infineon has 37,500 employees worldwide and 2,200 in Dresden.
Sources
11 May 2018: Infineon - Press release
11 May 2018: Sächsiche Zeitung (online)
Citation
Eurofound (2018), Infineon Technologies AG, Business expansion in Germany, factsheet number 94172, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94172.
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.
