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 Material For Textiles, Apparel, Leather And Related Products Manufacture Of Wearing Apparel 14 - Manufacture of wearing apparel
180 - 654 jobs Number of planned job losses
Announcement Date
12 July 2005
Employment effect (start)
Foreseen end date
Description
At least 180 workers might loose their job during the present phase of 'financial restructuring'. The company attracted some interest of foreign investors but the state of Slovenia as the major owner is not willing to sell to any yet. The fate of the company is to be resolved in the coming weeks, bankruptcy and 654 jobs losses as one of the more likely outcomes, according to media reporting. Company sells most of its high-end leather products in the EU and US markets.
Sources
15 July 2005: Delo
13 July 2005: Delo
Citation
Eurofound (2005), Industrija usnja Vrhniha, Internal restructuring in Slovenia, factsheet number 61965, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61965.
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.
