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 32.3 - Manufacture of sports goods
New offshoring locations
Romania
370 jobs Number of planned job losses
Announcement Date
20 December 2005
Employment effect (start)
Foreseen end date
29 December 2006
Description
Salomon (whose owner is the Finnish sports equipment group: Amer Sports Corp.), has announced the loss of 370 jobs in Rumilly and Metz-Tessy (Haute Savoie) before the end 2006. Amer Sports Corp., which bought Salomon from Adidas in October 2005, said the job cuts are aimed at boosting competitiveness. Salomon employed 1,500 people before the job cuts. The ski production will be relocated to Romania and other Eastern European countries. Amer Sports Corp expects to save more than EUR 40 millions by the end of 2008 as a result of this. In December 2005, the management team of Amer Sports Corp announced (but not realized) the loss of 378 jobs. 800 jobs had already been suppressed since 2004.
Sources
29 June 2006: Challenges
27 June 2006: La Tribune
21 December 2005: Les Echos
Citation
Eurofound (2005), SALOMON, Offshoring/Delocalisation in France, factsheet number 62714, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62714.
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.
