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 Manufacturing Of Furniture And Other Manufacturing Other Manufacturing 32 - Other manufacturing
New offshoring locations
Czechia
400 jobs Number of planned job losses
Announcement Date
4 February 2005
Employment effect (start)
30 June 2005
Foreseen end date
1 January 2008
Description
Schwan-STABILO, manufacturer of cosmetics pencils and writing instruments, announced its plan to shift nearly a third of its German workforce to the Czech Republic in the next three years, in a cost-cutting drive. Around 400 jobs from the 1,400-strong workforce at the group's factory in Heroldsberg near Nuremberg would be relocated to the Czech Republic by 2008. The first 100 jobs would go in the second half of this year. Negotiations with unions and employee representatives over longer working hours and a reduction in bonuses for Saturdays and night shifts had failed, making job cuts inevitable. Compulsory layoffs would be avoided where possible through internal transfers or retraining. Chairman Griebel blamed the move on increased competition from rivals in Asia. At the end of June, Schwan-STABILO employed 2,900 people worldwide.
Sources
4 February 2005: Deutsche Welle
Citation
Eurofound (2005), Schwan STABILO, Offshoring/Delocalisation in Germany, factsheet number 61207, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61207.
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.
