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 Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27.51 - Manufacture Of Electric Domestic Appliances
600 jobs Number of planned job losses
Announcement Date
7 June 2024
Employment effect (start)
7 June 2024
Foreseen end date
31 December 2027
Description
The German household appliance manufacturer Miele has announced 600 job cuts at various locations in Germany. The background to the job cuts is a global efficiency programme called the ‘Miele Performance Programme’.
The 600 jobs that will be cut affect all locations and divisions in Germany. Among other things, redundancy payments and early retirement schemes are to be introduced to reduce the workforce. Dismissals for operational reasons are ‘fundamentally’ ruled out until the end of 2027. However, there is a loophole: if the job cuts fall short of expectations, redundancies can still be made.
In the course of collective bargaining between the IG Metall trade union and the employer side, it has now been finalised that a total of 1,300 jobs will be cut in Germany. The future and social collective agreement runs from the beginning of August 2024 to the end of December 2028 and provides for investments of €500 million.
On 06 February, it was already announced that 700 jobs would be cut at the production site in Gütersloh and relocated to Poland (Miele 2024 - DEMiele 2024 - DE)). The company is still owned by the two founding families Miele and Zinkann and has 15 production sites, eight of which are in Germany. Around 22,700 people work for Miele worldwide; turnover most recently totalled €4.96 billion. The company is headquartered in Gütersloh in Westphalia.
Eurofound (2024), Miele, Internal restructuring in Germany, factsheet number 201273, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201273.
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.
