The EGF’s role continues to be important as a flexible instrument to support workers who lose their jobs in large-scale restructuring events and to help them to find other jobs as quickly as possible. It is important that the Union continue to provide specific, one-off support to facilitate the reintegration into decent and sustainable employment of displaced workers in areas, sectors, territories or labour markets suffering from a shock caused by serious economic disruption. It is vital that the Union ensure its sustainable prosperity, strategic autonomy and competitiveness while, at the same time, preserving its unique social market economy, supporting workers and enterprises to ensure a just twin digital and green transition, preserving jobs in the Union, and safeguarding its democracy, economic security and geopolitical standing. To safeguard the Union’s future as an economic powerhouse, and the progress made on its twin digital and green transition, it is vital to support workers affected by imminent job displacement in enterprises undergoing restructuring so that they can acquire the skills that would help them transfer either into a different role within their current enterprise or to a different enterprise.
Text as published in the Official Journal, reproduced verbatim (including any typographical quirks of the source). For the authentic version, see EUR-Lex.
