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.
Utilities Electricity, Gas, Steam And Air Conditioning Supply Electricity, Gas, Steam And Air Conditioning Supply 35.11 - Production of electricity
1,500 jobs Number of planned job losses
Announcement Date
7 March 2013
Employment effect (start)
6 March 2013
Foreseen end date
31 December 2014
Description
As announced on March 6, 2013, Swedish energy provider Vattenfall will cut 1,500 jobs in Germany. This is due weakened market conditions, decreasing demand for energy and production overcapacities. Additionally, it is reported that the company suffers from the German nuclear phase-out.
Employees are affected at the sites in Berlin, Hamburg and Cottbus. In total, Vattenfall will cut about 2,500 jobs, 400 of them in Sweden and 500 in the Netherlands. Job cuts shall be realized by the end of 2014.
For an overall view of the restructuring process in Vattenfall in the EU area, please see factsheet 23626.
Sources
6 March 2013: Vattenfall (press release)
7 March 2013: Frankfurter Allgemeine Zeitung
Citation
Eurofound (2013), Vattenfall, Internal restructuring in Germany, factsheet number 75048, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75048.
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.
