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 15.2 - Manufacture of footwear
New offshoring locations
Not Available
120 jobs Number of planned job losses
Announcement Date
25 July 2011
Employment effect (start)
Foreseen end date
31 December 2012
Description
German shoe manufacturer Rohde, which since its insolvency in 2007 is held by Morgan Stanley and the private equity firm Square Four, will offshore the production from its Schwalmstadt plant. The plant will be shut down by the end of 2012, leading to the loss of 120 full-time jobs. Administration, product development, purchasing, sales and distribution divisions will not be offshored.
Currently, Rohde holds production sites in Germany, Austria and Denmark and employs a total of 340 staff. Out of these, 290 work in Schwalmstadt.
Sources
26 July 2012: Hessische/Niedersächsische Allgemeine
Citation
Eurofound (2011), Rohde, Offshoring/Delocalisation in Germany, factsheet number 73987, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73987.
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.
