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 - Manufacture of electrical equipment
1,043 jobs Number of planned job losses
Announcement Date
6 June 2005
Employment effect (start)
Foreseen end date
Description
Schneider Electric, the manufacturer of equipment for electric distribution, has announced a restructuring programme which involved the closure of three sites: Pacy-sur-Eure (230 jobs), Angoulême (300 jobs), Grenoble (464 jobs) and the reorganization of its Longvics site near Dijon where 49 jobs will be suppressed out of 240 jobs. Management decided to spread the measures over 2006 and 2007 and rely on early retirements (280 people) and redeployment.
Sources
13 June 2005: Les Echos
6 June 2005: Les Echos
Citation
Eurofound (2005), Schneider Electric, Closure in France, factsheet number 61895, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61895.
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.
