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 Chemicals And Pharamceuticals Manufacture Of Chemicals And Chemical Products 20.4 - Manufacture Of Soap And Detergents, Cleaning And Polishing Preparations, Perfumes And Toilet Preparations
120 jobs Number of planned job losses
Announcement Date
25 July 2024
Employment effect (start)
1 October 2024
Foreseen end date
31 December 2025
Description
The ΕΛΑΪΣ-Unilever Hellas S.A., a subsidiary of Unilever in Greece, operates for 60 years in the production and distribution of 26 product categories in the sectors of Home & Personal Care and Hygiene, as well as in Food products.
The company employs approximately 490 people at its factory and offices in Athens, and at its two logistics centers in Renti, Attica, and Schimatari, Boeotia.
In March 2024, the parent company Unilever announced a restructuring plan by cutting 7,500 jobs worldwide and selling its ice cream division, aiming to save approximately €800 million.
The plan to cut 7,500 jobs globally affects up to 3,200 jobs in Europe, corresponding to a 30% reduction in jobs, mainly administrative positions, by the end of 2025.
In Greece, at least 120 employees are expected to be affected, although this number could exceed 150, primarily from the offices and not the factory.
However, the specific plan has not yet been finalized. Discussions with the Workers' Union regarding the voluntary exit program will begin in September, and according to the timeline set, the programme is expected to be decided by the end of September. The implementation is set to begin in October with the exit of the first 70 employees.
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.
