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 29.31 - Manufacture of electrical and electronic equipment for motor vehicles
200 jobs Number of planned job losses
Announcement Date
3 May 2021
Employment effect (start)
Foreseen end date
31 March 2022
Description
In presenting its 2021-2023 industrial plan, the Japanese multinational company Denso, active in the manufacturing of engine starters and alternators for vehicles, announced 200 redundancies in its plant in San Salvo, in the Abruzzo region. The industrial plan entails to reduce costs and to transform the site into an electrification plant.
The company also announced that the redundancies will take place on a voluntary basis and that it will incentivise early retirement of the most senior workers. The restructuring programme is planned to end by fiscal year 2021.
Trade unions have expressed strong concerns about the industrial plan, due to a lack of clarity regarding the new products, calling for further meetings to discuss the details of the plan.
Currently, the company employs around 1,000 workers in the San Salvo plant.
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.
