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 Food And Beverage Manufacture Of Food Products 10.11 - Processing And Preserving Of Meat
165 jobs Number of planned job losses
Announcement Date
22 August 2024
Employment effect (start)
22 August 2024
Foreseen end date
31 December 2024
Description
Vion, a Dutch-based international meat processor headquartered in Boxtel, is cutting 165 jobs, primarily affecting employees in support departments such as technology and facilities at its Boxtel headquarters in the Netherlands.
Struggling financially with a €108 million loss in 2022 due to declining meat consumption in Germany and rising operational costs, Vion is undergoing a broader reorganisation, including the closure of a German facility.
This broader reorganisation plays into the 165 job cuts in the Netherlands which include 45 forced redundancies and the remainder through severance packages and natural attrition.
Eurofound (2024), Vion, Internal restructuring in Netherlands, factsheet number 201522, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201522.
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.
