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.
Construction Construction Of Buildings And Infrastructure Engineering Civil Engineering 42.99 - Construction of other civil engineering projects n.e.c.
100 jobs Number of planned job losses
Announcement Date
30 April 2014
Employment effect (start)
30 April 2014
Foreseen end date
1 May 2014
Description
General Montaggi, an Italian construction company, has cut 100 jobs at its plant of Castelnuovo Rangone.
According to the sources, all of the company’s workers received letters notifying them that the company would cease its activities on 30 April. The sources notes that the company has not confirmed the reason for its closure, but trade unions suspect it is related to the recent merger with the Romanian firm Fruit Marius.
The White and Blue-Collar Metalworkers Federation (Federazione Impiegati Operai Metallurgici, FIOM) has requested a meeting with the company, however they have not been consulted about the restructuring so far.
Update 17 June 2014: According to the sources, 48 people have so far been made redundant at the company. The remaining workers were made redundant from General Montaggi and then be re-hired by Piedmont GMT. During negotiations with Trade Union FIOM in May, representatives of the General Assemblies ensured the withdrawal of layoffs and initiated procedures to allow workers to access social security benefits. Trade union FIOM has asked for the intervention of the public institutions. According to the sources, the Province of Modena announced its commitment to ensure a positive solution.
Sources
10 June 2014: Sassuolo 2000
12 May 2014: Ansa
12 May 2014: Modena Today
17 June 2014: Modena Today
Citation
Eurofound (2014), General Montaggi, Merger/Acquisition in Italy, factsheet number 77010, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77010.
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.
