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 Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22 - Manufacture of rubber and plastic products
155 - 205 jobs Number of planned job losses
Announcement Date
27 September 2007
Employment effect (start)
1 January 2008
Foreseen end date
31 December 2008
Description
Bayer Kruisschans, a subsidiary of Bayer Group and a manufacturer of plastic products, is to cut 205 jobs at its site in Kruisschans. Management at the firm attribute the decision to the need to increase efficiency and save costs in the face of rising energy and wage costs. Bayer Kruisschans employs 950 at its Kruisschans plant. 155 of the job losses will take the form of direct dismissals, whilst 50 other employees will be transferred to other Bayer Group subsidiaries. The job losses are due to be implemented during 2008. Belgian trade unions have condemned the job cuts. They argue that the company’s financial results are healthy and also note that the firm cut 600 jobs in 2004. Lanxess, another subsidiary of Bayer Group, also announced 127 job losses in Antwerp in September 2007.
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.
