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 Food And Beverage Manufacture Of Food Products 10 - Manufacture of food products
130 jobs Number of planned job losses
Announcement Date
26 November 2008
Employment effect (start)
15 December 2008
Foreseen end date
28 February 2009
Description
Sevath, a food industry specialised in the canning and freezing of vegetables, is to cut 130 jobs in the location of Xanthi. The source revealed on 26 November 2008 that Sevath is going into liquidation, resulting in the loss of its overall workforce.
According to the source, due to a government’s recent regulation those employees close to retirement (about 60 people) will be placed, under special agreement, in Local Authority Organizations. The rest 90 employees will be transferred to various departments of the East Macedonia-Thrace Prefecture.
Sevath, is a food industry activating in vegetables’ canning and freezing, as well as in printing services.
Sources
26 November 2008: Imerisia
Citation
Eurofound (2008), Sevath, Closure in Greece, factsheet number 67489, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67489.
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.
