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 Of Chemicals And Pharamceuticals Manufacture Of Chemicals And Chemical Products 20.30 - Manufacture Of Paints, Varnishes And Similar Coatings, Printing Ink And Mastics
New offshoring locations
Poland
300 jobs Number of planned job losses
Announcement Date
18 September 2023
Employment effect (start)
18 September 2023
Foreseen end date
31 December 2024
Description
As announced on 18 September 2023, the German ink manufacturer Hubergroup will be cutting 300 jobs in Germany as part of an internal restructuring plan which includes the offshoring of certain aspects of production by the end of 2024.
According to the company, 250 employees will be affected in the field of production in Celle and 50 employees in Kirchheim. Hubergroup intends to cease its serial production of paints at the Celle plant and move the production to its Polish plant in Breslau. The production of special paints will remain in Celle. According to Hubergroup, the job reduction is inevitable due to the massive decline of the European market for printing paint between 2016 and 2023 by 50%.
Hubergroup currently has 3,300 employees worldwide.
Eurofound (2023), Hubergroup, Offshoring/Delocalisation in Germany, factsheet number 200352, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200352.
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.
