Ethics in the digital workplace
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.
French automotive parts manufacturer Forvia has announced that it will cut 10,000 jobs worldwide by 2028.
The company is to reduce its European workforce by 13%. The reduction rate is approximately 2,000 to 2,500 positions per year. The measure will affect all European units, including the UK and Switzerland.
The move comes as the company aims to increase its competitiveness and reduce its indebtedness. Forvia, like other carmakers in Europe, is grappling with excess capacity. The company specifically faces overcapacity in areas such as seating, interiors, and lighting. The company expects annual savings of €500 million starting from 2028.
Forvia was formed from the merger of Faurecia and Hella. Forvia employs 157,000 workers across 43 countries worldwide. In Europe, the company employs 75,500 staff and has production facilities located in: Portugal, Spain, France, Italy, Germany, Denmark, Sweden, Poland, the Czech Republic, Slovakia, Slovenia, Romania and Hungary. Outside the European Union, the company also has factories in Switzerland and the UK.
Eurofound (2024), Forvia, Internal restructuring in World, factsheet number 200831, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200831.