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 Wood And Paper Materials Manufacture Of Wood And Of Products Of Wood And Cork, Except Furniture; Manufacture Of Articles Of Straw And Plaiting Materials 16 - Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
150 jobs Number of planned job losses
Announcement Date
12 September 2005
Employment effect (start)
Foreseen end date
Description
Dutch construction and installation company TBI in Rotterdam will cut some 150 of the 900 jobs at its subsidiary HVL. The job cuts are a consequence of decreasing results over the last years, due to the worsened market conditions. Forced redundancies at Eindhoven-based HVL are inevitable and 50 jobs will be cut through natural attrition. Trade unions will negotiate a social plan. In addition, the organisation of HVL will be simplified.
Eurofound (2005), HVL, Internal restructuring in Netherlands, factsheet number 62369, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62369.
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.
