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, Printing And Reproduction Of Recorded Media Printing And Reproduction Of Recorded Media 18 - Printing and reproduction of recorded media
3,200 - 4,200 jobs Number of planned job losses
Announcement Date
22 April 2003
Employment effect (start)
1 April 2003
Foreseen end date
Description
The restructuring plan announced on October 10 2002 implies 2,200 job losses, included those announced earlier. This efficiency-enhancing programme initiated in the fall of 2002 is extended by a further savings potential of 80 million euros per year. The planned measures to cut costs will affect some additional 1,000 jobs worldwide. The possibility of further closures of Heidelberg production sites worldwide is also being examined. November 2003. Heidelberg will cut down workforce by up to 1000 jobs worldwide.
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.
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