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.
Dresden, Bremen, Frankfurt, Hanover, Leipzig, Berlin, Stuttgart and Hamburg
Sector
Manufacturing Manufacture Of Food And Beverage Manufacture Of Food Products 10.85 - Manufacture of prepared meals and dishes
1,700 jobs Number of planned job losses
Announcement Date
8 June 2016
Employment effect (start)
8 June 2016
Foreseen end date
31 December 2021
Description
LSG Sky Chefs, catering service provider and subsidiary of Lufthansa, announced plans to cut 1,700 jobs by the end of 2021. A total of 2,400 jobs will be cut throughout Europe and sites will be reduced from 23 to 7 in total. Plans are in early conception stages, however, closures of the sites in Dresden and Bremen are fixed for 2016 and 2017. Moreover, the dish washing service of a kitchen in Frankfurt will be assigned to external actors. This is will result in the job reduction of 150 positions. Even though earnings situation improved, according to the company job cuts have become necessary as the company wants to become more competitive and profitable. LSG Sky Chefs is allegedly suffering from the high wage costs in Germany. Therefore, workplaces will be relocated to the Czech Republic. This threatens sites in Hanover, Leipzig, Berlin, Stuttgart and Hamburg.
LSG Sky Chefs, headquartered in Frankfurt, currently employs 5,500 employees in Germany and 33,500 worldwide.
Sources
9 June 2016: Süddeutsche Zeitung
8 June 2016: Spiegel Online
Citation
Eurofound (2016), LSG Sky Chefs, Internal restructuring in Germany, factsheet number 87722, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/87722.
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.
