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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.32 - Manufacture of other parts and accessories for motor vehicles
620 jobs Number of planned job losses
Announcement Date
27 June 2019
Employment effect (start)
Foreseen end date
31 December 2020
Description
The supplier of automotive components related to diesel engines, Bosch, announced 620 redundancies at its Modugno (Bari) plant.
According to the company, the reorganisation plan envisaged for the plant and the connected 620 redundancies are related to the crisis of the diesel market, which has caused a significant contraction in revenues, and the need for the company to initiate a production reconversion plan.
The announcement was made during the crisis table convened in Rome at the Ministry of Economic Development, attended by the company, trade unions and the Puglia Region.
The restructuring plan was deemed as unacceptable by both the regional administration and by the trade unions. The trade unions are urgently demanding ambitious investments in the conversion to electric cars, promised since 2017 but, they say, only minimally implemented. The Puglia Region says it is willing to finance the necessary training courses if they fit into a long term industrial plan.
Currently, Bosch employs 1,840 workers at the Modugno plant.
Eurofound (2019), Bosch, Internal restructuring in Italy, factsheet number 98111, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/98111.
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.
