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.
Information / Communication Publishing Of Information; Production And Programming Of Audiovisual Publishing Activities 58 - Publishing activities
100 jobs Number of planned job losses
Announcement Date
12 May 2006
Employment effect (start)
10 May 2006
Foreseen end date
10 May 2006
Description
During the night from 9 to 10 May 2006, one of the largest Austrian computer game producers, Rockstar Vienna located in the countrys capital, was closed without previous notice. According to media reports, all of the around 100 employees found themselves locked out and refused admittance to the offices by special bodyguards when they arrived at the firms premises in the morning of 10 May. No background information about the unexpected closure has been provided, neither by the firms management nor the owner of the company, the US Take 2 Group. Such lock-out practices are unusual in Austria, albeit lawful if all legal claims of the employees concerned are fully met. No works council had been installed in the company.
Sources
12 May 2006: Der Standard
Citation
Eurofound (2006), Rockstar Vienna, Closure in Austria, factsheet number 63555, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63555.
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