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.
Utilities Electricity, Gas, Steam And Air Conditioning Supply Electricity, Gas, Steam And Air Conditioning Supply 35.11 - Production of electricity
1,000 jobs Number of planned job losses
Announcement Date
12 July 2017
Employment effect (start)
12 July 2017
Foreseen end date
31 December 2026
Description
On 12 July 2017, PreussenElektra, a subsidiary of electricity company E.on, announced it will cut up to 1,000 jobs by 2026.
PreussenElektra builds, operates and decommissions nuclear power plants. As Germany is phasing out its nuclear energy program until 2022, the company has to restructure and wants to relay focus to decommissioning nuclear power plants.
The management proposed the Mining, Chemicals and Energy Industrial Union to avoid compulsory redundancies until 2026, but demanded in return an increase of 2 more working hours weekly and a wage reduction. The union rejected this proposal.
Already in March 2017, E.on announced to cut up to 1,000 jobs in Germany, see (Eon, 2017). According to PreussenElektra, the job cuts at E.on are a separate measure.
PreussenElektra employs about 2,000 staff members.
Sources
12 July 2017: rp-online.de
12 July 2017: Handelsblatt
Citation
Eurofound (2017), PreussenElektra, Internal restructuring in Germany, factsheet number 91509, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91509.
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.
