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 10.82 - Manufacture of cocoa, chocolate and sugar confectionery
419 jobs Number of planned job losses
Announcement Date
24 May 2005
Employment effect (start)
1 September 2005
Foreseen end date
31 December 2006
Description
On 24 May 2005, the manufacturer of sweeties Leaf, informed it is closing down its Turku unit due to the overproduction in Europe. According to the company 360 employees will be made redundant. The rest of the employees may still be able to save their jobs in marketing and administrative tasks.
As an result of the cooperation negotations, Leaf informed on 12 July 2005 that it would close down the Turku unit and make 419 employees redundant by the end of 2006.
Sources
24 May 2005: Helsingin Sanomat
13 July 2005: Helsingin Sanomat
Citation
Eurofound (2005), Leaf, Closure in Finland, factsheet number 61639, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61639.
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.
