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 24.1 - Manufacture of basic iron and steel and of ferro-alloys
352 jobs Number of planned job losses
Announcement Date
11 May 2012
Employment effect (start)
Foreseen end date
Description
Spanish steel firm Celsa Atlantic, specialized in the manufacture of basic iron and steel and of ferro-alloys, has applied for a redundancy procedure affecting 352 employees. The plants of Vitoria and Urbina (Basque Country) will be also closed.
The unions of the plants thus far have announced several strikes. In the following days, the unions and the company representatives will meet to discuss the redundancy procedure conditions.
The timeline for the restructuring is yet to be announced.
Sources
11 May 2012: El País
Citation
Eurofound (2012), Celsa Atlantic, Closure in Spain, factsheet number 73561, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73561.
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.
