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.
Agriculture Agriculture, Forestry And Fishing Crop And Animal Production, Hunting And Related Service Activities 01.4 - Animal production
30 jobs Number of planned job losses
Announcement Date
25 November 2006
Employment effect (start)
Foreseen end date
31 December 2006
Description
Dráva Coop Mezőgazdasági, the cattle and dairy farming company, is laying off every tenth employee from its South Western Hungarian site in Barcs until the end of 2006. The dismissals represent the first phase of internal restructuring, the goal of which is the modernisation of equipment. Meanwhile, a subsidiary of the company, Dráva Tej, which produces dairy products, is facing severe financial difficulties as a result of which the new owner of Dráva Coop closed down a dairy firm in Kacsóta, in Baranya county, Southern Hungary, causing the dismissal of its 40 employees.
Sources
25 November 2006: Magyar Nemzet
20 November 2006: Magyar Nemzet
Citation
Eurofound (2006), Dráva Coop Mezőgazdasági Zrt., Internal restructuring in Hungary, factsheet number 64621, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64621.
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.
