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.
(10 - 33) Manufacturing (29 - 30) Manufacture for transport equipment 30.3 - Manufacture of air and spacecraft and related machinery 30.3 - Manufacture of air and spacecraft and related machinery
150 jobs Number of planned job creations
Announcement Date
17 October 2016
Employment effect (start)
Foreseen end date
31 December 2018
Description
French owned company Thales has announced that it is to create 150 new jobs in Belfast, Northern Ireland. The company will manufacture new and more energy efficient electric engines for spacecraft. A new site has been opened by the astronaut Tim Peake and the company is looking to add these new jobs over a period of two years. When these new positions are added the company will employ around 350 staff. Invest NI are understood to have helped fund the development of the new site.
Sources
17 October 2016: The Telegraph
18 October 2016: BBC Website
Citation
Eurofound (2016), Thales, Business expansion in United Kingdom, factsheet number 88905, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/88905.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...