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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
192 jobs Number of planned job losses
Announcement Date
7 July 2020
Employment effect (start)
1 September 2020
Foreseen end date
Description
Miba Sinter Slovakia, a producer of sintered steel components, announced collective dismissal programme at its plant in Dolny Kubin, which will affect 192 employees out of 1,000 staff. Main customers of Miba Sinter are located in Germany, Italy, France, Spain and China and planned redundancies are attributed to impacts of the COVID-19 to the industries in these countries. A detailed redundancy plan has not been announced yet.
The Miba group has made another announcement related to the sister machinery company Miba Steeltec in Vrable. The subsidiary company completed an expansion investment worth €10 million in July 2020. Besides the extension of production space from 11,000 to 17,000 square metres, the company will establish a new research and development department. The number of employees working there will increase from 700 to 780.
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.
