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 29.3 - Manufacture of parts and accessories for motor vehicles
700 jobs Number of planned job losses
Announcement Date
17 March 2009
Employment effect (start)
17 March 2009
Foreseen end date
30 November 2009
Description
On 17 March 2009, Hella - a manufacturer of lights and electronics for cars - announced to cut around 700 jobs by autumn 2009. The cuts will mainly affect the sites in Lippstadt and Paderborn where 450 out of 5,500 jobs are to be cut in a socially acceptable manner. Dismissals for operational reasons are outruled by an agreement between the works council and the company's management until the end of September 2008.
Sources
17 March 2009: Handelsblatt
Citation
Eurofound (2009), Hella Electronics, Internal restructuring in Germany, factsheet number 68544, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68544.
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.
