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.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62 - Computer programming, consultancy and related activities
1,050 jobs Number of planned job losses
Announcement Date
25 May 2009
Employment effect (start)
25 May 2009
Foreseen end date
31 December 2010
Description
Siemens Österreich, the Austrian subsidiary of the Siemens group, is planning to lay off 850 workers of its software branch PSE during 2009 and additional 200 workers of its Linz-based VAI Metals Technologies by the end of 2010. This was confirmed by the company's spokesperson, Harald Stockbauer, on 25 May 2009. Regarding the software branch PSE, around 220 employees stand to lose their job by the end of June, while some additional 630 workers, most of which are employed in Vienna, are planned to be made redundant by the end of 2009. The reasons for these envisaged collective dismissals are dramatic losses of orders from the telecommunications and automotive industries. With regard to the Siemens VAI Metals Technologies located in Linz, 200 of the currently 1,500 jobs will be cut due to continuous dropping orders from the iron and steel industry. The works council has threatened to take industrial action to avert the restructuring plans.
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.
