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 - Manufacture of electrical equipment
500 jobs Number of planned job losses
Announcement Date
8 April 2020
Employment effect (start)
8 April 2020
Foreseen end date
Description
The Portuguese subsidiary of Preh, the German producer of electronic components, has decided to terminate the contracts of 500 temporary workers. The measure is motivated by reduction of the production due to the consequences of the COVID-19 crisis.
According to the trade union, more than 50% of the workforce of the company is employed on a temporary basis, with precarious working conditions. Some of those workers that will be dismissed have been working for Preh Portugal for more than two years, performing permanent tasks. Most of the affected workers are young people.
The trade union guarantees that several complaints have already been sent to the Authority for Labour Conditions, but no reply has been received so far.
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.
