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 Chemicals And Pharamceuticals Manufacture Of Chemicals And Chemical Products 20.16 - Manufacture of plastics in primary forms
123 jobs Number of planned job losses
Announcement Date
30 June 2020
Employment effect (start)
Foreseen end date
31 December 2020
Description
The Cerdia group - one of the main producers of cellulose acetate, the raw material for cigarette filters - has announced the loss of 123 jobs at its Roussillon (Isère) plant.
The group justified the internal restructuring with the significant production overcapacity in the industry as a whole and in Cerdia's plants due, in particular, to the structural decline of the global cigarettes market. The plant's second activity, dedicated to the production of nitric acid and Raney nickel - an alloy used in catalysis - and which employs 32 people, will be maintained.
According to the company, the priority at this stage is to promote social dialogue in order to individuate, in consultation with the employees' representatives, the best possible support solutions for Roussillon employees. Reference is made to proposals for mobility and repositioning within the group, training programmes, aid for external redeployment and businesses creation. The management intends, moreover, to try to identify an alternative industrial use of the site.
Cerdia is one of the global filter tow companies basically focused to serve the cigarette industry, and it recorded, in 2019, a turnover of €431.8 million, with a global workforce of 1,200 employees.
Eurofound (2020), Cerdia France, Internal restructuring in France, factsheet number 101404, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/101404.
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.
