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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.2 - Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers
280 jobs Number of planned job losses
Announcement Date
29 September 2006
Employment effect (start)
30 September 2006
Foreseen end date
31 December 2007
Description
Webasto, the German manufacturer of car roofs, announced in September 2006 that it was to cut 280 jobs out of 2,500 jobs in Germany and a total of 450 jobs worldwide following a restructuring programme started in 2006. The decision of the restructuring is attributed to falling sales. The plan envisaged a reduction of costs by 1.4 million euro until 2008. Half a year later, in February 2007, the company said that the programme was expected to be implemented by the end of 2007 and that direct dismissals were sought to be avoided in Germany.
Sources
29 September 2006: Frankfurter Allgemeine Zeitung
19 February 2007: Frankfurter Allgemeine Zeitung
Citation
Eurofound (2006), Webasto, Internal restructuring in Germany, factsheet number 64993, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64993.
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.
