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 Manufacturing Of Furniture And Other Manufacturing Other Manufacturing 32.99 - Other manufacturing n.e.c.
147 jobs Number of planned job losses
Announcement Date
20 April 2022
Employment effect (start)
20 April 2022
Foreseen end date
30 April 2022
Description
NephroCan, a Canadian medical device manufacturer, announced 147 job cuts. The job cuts are due to the closure of NephroCan's manufacturing site in Teterow, Mecklenburg-Vorpommern, Germany, and are to be implemented by April 30th 2022.
The reason for the closure is that the covid pandemic has claimed a particularly large number of victims among chronic kidney disease patients. As a manufacturer of dialysis products, NephroCan has stated that it had to respond to the oversupply of dialysis products on the market as well as rising raw material prices by closing its production site in Teterow, Germany.
NephroCan is a Canadian dialysis company specialised in products for the treatment of End Stage Renal Disease (ESRD) worldwide.
Eurofound (2022), NephroCan, Closure in Germany, factsheet number 106680, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106680.
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.
