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 Material For Textiles, Apparel, Leather And Related Products Manufacture Of Leather And Related Products 15.11 - Tanning And Dressing Of Leather; Dressing And Dyeing Of Fur
40 - 268 jobs Number of planned job losses
Announcement Date
30 January 2024
Employment effect (start)
29 January 2024
Foreseen end date
Description
A Slovak Tannery which produces tanned and dressed leather goods announced a sudden lay off of at least 40 employees, with further 67% of workforce in danger of losing their jobs. The plant in Liptovský Mikuláš is a manufacturer that processes domestic cowhide and imported kangaroo leather from Australia. The company has been successful in recent years, therefore the layoffs come as surprise to many. The main reason, according to spokesperson, is a drastic slump of ordered goods, mainly for automotive companies who produce car seats and upholstery. Many of their clients are mainly premium German automakers, which are struggling with the advent of electromobility and competition from China.
The first batch of laid offs were temporary workers, with agency employees following next.
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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.
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