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.
Transportation / Storage Warehousing And Support Activities For Transportation, Postal And Courier Activities Warehousing And Support Activities For Transportation 52.23 - Service activities incidental to air transportation
300 jobs Number of planned job losses
Announcement Date
13 December 2016
Employment effect (start)
1 January 2017
Foreseen end date
31 December 2017
Description
On 13 December 2016, Lufthansa Technik, subsidiary of German air transport company Lufthansa announced to close its site in Hamburg by the end of 2017. A total of 300 out of 400 employees, which are working at the site, are affected by this measure. The management ensured that there will not be any direct dismissals. According to Lufthansa Technik, other jobs within Lufthansa Technik or partial retirement will be offered to every affected employee.
The affected site is responsible for aircraft overhaul. The company announced to have these tasks done at other sites like Budapest, Sofia, Shannon, Manila, in Malta and Puerto Rico.
Lufthansa Technik reported about the high cost pressure in Hamburg but negotiations with the United Services Union (ver.di) about a reduction of costs failed.
Already in July 2016, Lufthansa Technik cut 700 jobs in Hamburg, see (Lufthansa Technik, 2016). Lufthansa Technik, headquartered in Hamburg, currently employs 7,500 staff in Hamburg.
Sources
13 December 2016: Lufthansa Technik press release
13 December 2016: airliners.de
Citation
Eurofound (2016), Lufthansa Technik, Closure in Germany, factsheet number 89711, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/89711.
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.
