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.
Scotland; South Western Scotland; North Lanarkshire
Location of affected unit(s)
Cumbernauld
Sector
Manufacturing Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.11 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
130 jobs Number of planned job losses
Announcement Date
2 October 2019
Employment effect (start)
Foreseen end date
Description
Engine and generator manufacturer Cummins has announced plans to close its site in Cumbernauld, North Lanarkshire, which will make 130 staff redundant. The management of the company said that the closure is due to long-term unsustainability and due to challenging global economic conditions. An eventual maintenance of the establishment shall require GBP 3 million (€3,5 million as at 31 October 2019) investment, which is missing.
The Unite union required job transfers to company’s sites in England and called on the Scottish Government and North Lanarkshire Council to intervene in order to protect the jobs. The timetable for the site's closure will be determined through the consultation process, that has been started by the company.
Eurofound (2019), Cummins, Closure in United Kingdom, factsheet number 98869, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/98869.
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.
