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 10.89 - Manufacture Of Other Food Products N.E.C.
106 jobs Number of planned job losses
Announcement Date
21 November 2024
Employment effect (start)
Foreseen end date
Description
Tessenderlo Group, a Belgian multinational group specialised in the production of food products has announced its plan to restructure its facility in Vilvoorde, in total 106 employees are at risk of losing their job.
In a press release, the company management states that Tessenderlo currently faces significant challenges in the bone gelatine market. These include declining demand in the Western world, a market shift towards alternative products, and customers migrating to low-wage countries.
In addition to the facility in Vilvoorde, the UK-based facility in Treforst, employing 93 workers, faces closure.
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.
