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 Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27.5 - Manufacture of domestic appliances
250 jobs Number of planned job losses
Announcement Date
19 October 2017
Employment effect (start)
2 October 2017
Foreseen end date
10 November 2017
Description
The BSH Hellas plant at Piraeus, faces closure. One of the country’s oldest factories, it was renamed after Bosch-Siemens Hausgerate GmbH bought out Pitsos, a Greek company established in 1865. The company produces 'white goods' such as cookers/ovens and refrigerators. The company’s management announced that the unit will operate for one more year and then shut down. A staff reduction scheme has already been launched with the aim of softening the impact of the closure.The management informed the 250 employees that they could enter a voluntary exit programme offering favorable terms. The programme started on October 2 and will be completed on November 10.
Sources
13 November 2017: Kathimerini
20 October 2017: Naftemporiki
18 October 2017: Kathimerini
Citation
Eurofound (2017), Pitsos , Closure in Greece, factsheet number 93189, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93189.
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.
