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 For Transport Equipment Manufacture Of Other Transport Equipment 30.3 - Manufacture of air and spacecraft and related machinery
2,400 - 2,500 jobs Number of planned job losses
Announcement Date
28 January 2014
Employment effect (start)
Foreseen end date
31 December 2016
Description
Defense and aerospace company Airbus Defense & Space is to cut 2211 jobs in Germany. This is to affect the sites in Manching (1010 job cuts), Friedrichshafen (332 job cuts), Ulm (315), Unterschleißheim (249), Bremen (174) and Ottobrunn (131).
The plan was announced by the company’s works council after consultations with the management. Previous plans had envisaged the cutting of up to 2600 positions in the country.
Airbus Defense & Space is part of the Airbus group that emerged from EADS in late 2013. At that time, Airbus had also announced that the merger of its subsidiaries Cassidian, Astriam and Airbus Military into Airbus Defense & Space would result in large job cuts in various European countries.
Updated, 21/05/2014: As reported, Airbus plans to cut up to 2,500 jobs in Germany by the end of 2016 but the company has agreed to avoid forced redundancies until January 2017. As announced the restructuring will take place by means of early retirement and internal transfers.
Sources
21 May 2014: Spiegel Online
28 January 2014: Frankfurter Allgemeine Zeitung
22 May 2014: Hamburger Abendblatt
Citation
Eurofound (2014), Airbus Defense & Space, Internal restructuring in Germany, factsheet number 76504, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76504.
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.
