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.
Transportation / Storage Warehousing And Support Activities For Transportation, Postal And Courier Activities Warehousing And Support Activities For Transportation 52.24 - Cargo handling
372 jobs Number of planned job losses
Announcement Date
18 October 2012
Employment effect (start)
18 October 2012
Foreseen end date
31 December 2014
Description
As announced on October 18, 2012 air cargo handling provider FDGHG, a subsidiary of Flughafen Düsseldorf, will cut 372 jobs. This is due to increasing cost pressures and strong competition.
In total, FDGHG employs 800 people, of which about half will be made redundant. Forced redundancies are not ruled out, but 120 people are said to be transferred to Flughafen Security, another subsidiary of Flughafen Düsseldorf. It is reported that they are to accept lower salaries with the transfer.
Sources
18 October 2012: Rheinische Post (online)
Citation
Eurofound (2012), FDGHG, Internal restructuring in Germany, factsheet number 74377, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74377.
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.
