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 Construction Of Buildings 41.10 - Development of building projects
750 jobs Number of planned job losses
Announcement Date
28 August 2015
Employment effect (start)
28 August 2015
Foreseen end date
31 December 2015
Description
Bilfinger, a German civil and industrial engineering specialist, will cut 750 jobs in its power plant division, which is currently up for sale. The trade union IG Metall has called for the company to introduce short-time work as an alternative to redundancies.
Subsidiary of Bilfinger, Babcock Borsig Steinmüller at Oberhausen will cut 400 out of 1,150 jobs across Germany. A total of 190 jobs will be affected in its administration department, mostly in the company's headquarter in Oberhausen. In addition, the company's assembly department will be subject to this reduction.
Moreover, Piping Technologies, another subsidiary of Bilfinger, producing pipes for the power plant production in Oberhausen, will cut 350 out of 800 jobs. A total of 200 job cuts will take place in North Rhine-Westphalia.
The two subsidiaries have already cut jobs over the past few years and in 2014 Bilfinger announced that 800 positions will be eliminated in Germany as part of its previously announced restructuring programme affecting 1,250 jobs worldwide (See 2014).
Sources
28 August 2015: Handelsblatt (online)
29 August 2015: DerWesten (online)
Citation
Eurofound (2015), Bilfinger, Internal restructuring in Germany, factsheet number 84760, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/84760.
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.
