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 17.29 - Manufacture of other articles of paper and paperboard
120 jobs Number of planned job losses
Announcement Date
12 September 2014
Employment effect (start)
12 September 2014
Foreseen end date
Description
Elanders, a Swedish based global infomedia and printing group, has announced an internal restructuring affecting 120 employees in Värnamo, Vällinge and Mönlycke, Sweden. The restructuring is a result of a decline in demand of printed paper products in recent years and due to increasing competition from foreign markets. According to the sources, 90 jobs will be cut from the site in Mönlycke, 20 from Vällingby and 10 from Värnamo.
Elanders global business operates in 9 countries on 4 continents, with almost 1,900 employees. The company has conducted several smaller restructurings throughout the last couple of years to face a structural shift in demand. In 2008 the company conducted its most recent larger restructuring.
Sources
12 September 2014: Svenska Dagbladet
12 September 2014: Dagens Nyheter
Citation
Eurofound (2014), Elanders, Internal restructuring in Sweden, factsheet number 77535, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77535.
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.
