Restructuring events
European Restructuring Monitor (ERM)
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.
Austrian Airlines (AUA) is to employ some 150 new flight attendants in Austria in 2014.
The step comes after several savings and restructuring programmes. Overall, the company is to employ 230 new flight attendants, of which 80 in Asia (Bangkok, Delhi and Peking).
The works council has critised this job creation, and considers the employment of 80 new workers abroad (in local and therefore cheaper conditions) as wage dumping.
AUA is a subsidiary of the German Lufthansa. In 2012, the company had announced to cut close to 500 staff over the whole year (see 2012/1 2012/2).
Eurofound (2013), Austrian Airlines, Business expansion in Austria, factsheet number 76220, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76220.