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 Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
100 jobs Number of planned job losses
Announcement Date
6 March 2009
Employment effect (start)
Foreseen end date
31 March 2009
Description
Poldi, a Czech machinery company located in Kladno, has announced its saving plan that envisages 100 job cuts (out of about 700) to be implemented by the end of March 2009 due to the global economic downturn. The company has also launched a 4-day work week since the beginning of March 2009. Employees are getting 60% of their wages.
Sources
6 March 2009: Hospodárske noviny
Citation
Eurofound (2009), Poldi, Internal restructuring in Czechia, factsheet number 68438, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68438.
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.
