European Globalisation Adjustment Fund: redundancies

This procedure concerns the activation of the European Globalisation Adjustment Fund (EGF). The fund provides financial assistance to member states to help workers who have lost their jobs due to major structural changes in the global economy, such as industrial restructuring or the relocation of companies to non-EU countries.

This specifically affects workers in the electronics, ICT, and robotics sectors. The support aims to provide retraining and job-seeking assistance to those facing redundancies.