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 Food And Beverage Manufacture Of Food Products 10.5 - Manufacture of dairy products
250 jobs Number of planned job losses
Announcement Date
29 September 2016
Employment effect (start)
29 September 2016
Foreseen end date
31 December 2017
Description
On 29 September 2016, German dairy company Deutsches Milchkontor announced to cut 250 jobs by 2017. The company cooperates with more than 8,300 active dairy farmers in Germany and produces a wide range of dairy products. Deutsches Milchkontor will reduce their sales and administrative staff due to the dairy market crisis with an oversupply of milk leading to low milk prices all over Europe. Therefore the turnover of the company decreased from €5.3 billionin 2014 to €4.6 billion in 2015.
The affected sites are Bremen, Everswinkel and Zeven. Everswinkel will be affected with a partial operations closure and a loss of 120 jobs. Deutsches Milchkontor employs 7,500 people across 26 sites in Germany.
Sources
29 September 2016: Deutsches Milchkontor Press Release
30 September 2016: NWZ online
Citation
Eurofound (2016), Deutsches Milchkontor, Internal restructuring in Germany, factsheet number 88783, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88783.
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.
