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.
Retail Wholesale Trade, Except Of Motor Vehicles And Motorcycles Wholesale Of Other Machinery, Equipment And Supplies 46.69 - Wholesale of other machinery and equipment
80 jobs Number of planned job losses
Announcement Date
26 August 2022
Employment effect (start)
31 August 2022
Foreseen end date
Description
Polytech and its subsidiaries employ around 400 people and deliver components and products to the windmill industry in Denmark. Polytech has its production in Esbjerg and a test center in Herning. Due to lower demand from the windmill industry, where several large companies are in crisis, Polytech plans to dismiss 80 of their 400 employees at the end of August 2022 in Bramming. The dismissals has not yet taken place, but the company has started negotiations with the relevant trade unions. Polytech hopes that the crisis in the windmill industry will pass and the sector will recover in 2024.
Eurofound (2022), Polytech, Internal restructuring in Denmark, factsheet number 107256, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/107256.
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.
