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 Wood And Paper Materials Manufacture Of Paper And Paper Products 17.12 - Manufacture of paper and paperboard
100 jobs Number of planned job losses
Announcement Date
4 October 2013
Employment effect (start)
1 January 2014
Foreseen end date
31 December 2015
Description
The Gratkorn paper mill of the global pulp and paper enterprise Sappi is to make 100 employees redundant within the next two to two-and-a-half years. The mill, which is situated near Graz (Styria), currently employs 1,165 workers.
One hundred workers are going to be made redundant due to decreasing demand and falling production levels.
Restructuring measures are to be worked out over the next two-three months whereas the implementation will take two to two-and-a-half years.
According to the company's works council, job cuts through natural attrition will probably not be sufficient. The paper mill is one of the three largest of its kind worldwide, with a production capacity of 250,000 tons of pulp and 950,000 tons of coated woodfree paper.
Sources
4 October 2013: Wirtschaftsblatt
4 October 2013: Kleine Zeitung
Citation
Eurofound (2013), Sappi, Internal restructuring in Austria, factsheet number 75990, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75990.
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.
