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 Material For Textiles, Apparel, Leather And Related Products Manufacture Of Leather And Related Products 15.11 - Tanning and dressing of leather; dressing and dyeing of fur
260 jobs Number of planned job losses
Announcement Date
29 January 2009
Employment effect (start)
29 January 2009
Foreseen end date
31 December 2009
Description
In 2009, Wollsdorf Leder had to cut about 260 employees across its three Austrian production sites due to a decrease in orders by 40% as compared to 2008. As a first step in the restructuring process, staff was working short-time from January on, reducing their working hours by 20%. At the same time, the production site in Wilhelmsburg, Lower Austria, employing some 58 workers, had to be closed. Together with the social partners, a social plan was agreed, in order to avoid cases of hardship.
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.
