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.
Retail Wholesale Trade, Except Of Motor Vehicles And Motorcycles Wholesale Of Other Machinery, Equipment And Supplies 46.62 - Wholesale Of Machine Tools
150 jobs Number of planned job losses
Announcement Date
14 October 2024
Employment effect (start)
14 October 2024
Foreseen end date
Description
Bystronic, a Swiss technology company in the design and production of machines for industrial automation, has announced the closure of its plants in San Giuliano and Fizzonasco, in the Milan area. The two closures will lead to the dismissal of around 150 people.
The trade unions responded with various protests and by obtaining a meeting with Assolombarda, the association of industrialists in Lombardy, which, however, did not lead to a positive turnaround, with the company's decision to continue with the redundancies.
Eurofound (2024), Bystronic, Closure in Italy, factsheet number 201800, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201800.
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.
