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
New offshoring locations
2,000 jobs Number of planned job losses
Announcement Date
5 February 2024
Employment effect (start)
5 February 2024
Foreseen end date
Description
German home appliance manufacturer Miele has announced that it plans to cut about 2,000 jobs worldwide. The background of the job cuts is a global efficiency programme called the ‘Miele Performance Programme’.
So far, the company has announced that the layoffs will affect about 1,300 jobs in Germany. About 600 jobs are expected to be cut, while up to 700 jobs will be transferred to the company’s site in Poland. The sources also report that Miele has signed a new collective agreement with the local trade unions. The restructuring programme is due to a decline in demand after the COVID-19 pandemic.
Miele has been operating since 1899. Currently, the company has 15 production sites and employs 22,700 people worldwide. The restructuring programme in Germany and the resulting job creation in Poland have been recorded in the ERM events database under Miele-2024-DEa, Miele-2024-PL, and Miele-2024-DEb .
Sources
5 February 2024: Frankfurter Allgemeine (www.faz.net)
Eurofound (2024), Miele, Offshoring/Delocalisation in World, factsheet number 201306, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201306.
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.
