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 Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26.30 - Manufacture of communication equipment
127 jobs Number of planned job losses
Announcement Date
30 January 2012
Employment effect (start)
Foreseen end date
31 December 2012
Description
Nokia Siemens Networks, Finish-German data networking and telecommunications equipment joint-venture, will cut 127 jobs in Belgium. The plants in Diegem and Braine-l'Alleud will close and respectively 39 and 19 jobs will be lost there. Additionally, the plant of Herentals will see 69 jobs cut among the 300 workers.
This is part of NSN's global plans, which became public in November 2011 and include 17,000 job cuts worldwide (see here) by the end of 2013. The cuts represent almost a quarter of the company's workforce, which currently stands at 74000.
Currently, the unions are in negotiations with the local management in an effort to reduce the number of layoffs. The timeline for the cuts is not yet known.
Sources
31 January 2012: L'Echo
Citation
Eurofound (2012), Nokia Siemens Networks, Internal restructuring in Belgium, factsheet number 73055, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73055.
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.
