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 Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Food, Beverages And Tobacco In Specialised Stores 47.2 - Retail Sale Of Food, Beverages And Tobacco In Specialised Stores
90 jobs Number of planned job losses
Announcement Date
17 November 2023
Employment effect (start)
17 November 2023
Foreseen end date
31 December 2024
Description
Food company Nestle announced to cut 90 jobs in Germany between the end of 2024 and the beginning of 2025.
Jobs will be lost in its sales force departments. Announced job cuts will be realised in a socially acceptable manner; avoiding direct dismissals. The company is quoted to restructure its business portfolio and processes.
Nestle wants to continue to manage the Maggi and Purina Petcare product lines, but other product lines (e.g. for coffee, confectionary or dairy products) will be outsourced.
There are currently over 8,000 employees working for Nestle in Germany.
Eurofound (2023), Nestle, Internal restructuring in Germany, factsheet number 200526, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200526.
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.
