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 29.32 - Manufacture of other parts and accessories for motor vehicles
356 jobs Number of planned job losses
Announcement Date
10 November 2020
Employment effect (start)
21 November 2020
Foreseen end date
1 May 2021
Description
Trim Leader Company, belonging to German Adient group, announced mass dismissal of 356 employees in its Bardejov plant in East Slovakia. According to the PR of Adient, the plant will be completely closed due to insufficient utilisation of available capacities. Trim Leader produces different types of upholstery of car seats. Decision on the closure is attributed to decreasing revenues in the automotive sector as well as to expected higher labour costs in 2021. The company informed that they were currently discussing the details of the closure with employee representatives.
Trim Leader operates in brownfield industrial park in Bardejov since 2018. In 2019, it received almost €100,000 regional subsidy to cover its operational costs.
Eurofound (2020), Trim Leader, Closure in Slovakia, factsheet number 102496, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/102496.
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.
