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 Basic Metals 24.51 - Casting of iron
1,024 jobs Number of planned job losses
Announcement Date
28 September 2009
Employment effect (start)
1 January 2010
Foreseen end date
31 December 2011
Description
Tenaris, which supplies tubes and related services to the energy industry is to cut 1,024 jobs by the end of 2011. The plan involves the closure of a plant in Piombino (124 employees), and job losses at the Dalmine plant (717 employees), the Costa Volpino plant (119 employees), and the Arcore plant (64 employees). The plan envisages new investments and a reorganization of production.
According to the company, the restructuring plan is mainly due to increasing international competition. The trade unions affected by the company's decision announced 10 hours of strike in all the Italian plants for October.
Eurofound (2009), Tenaris, Internal restructuring in Italy, factsheet number 69622, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69622.
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.
