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 Wood And Paper Materials Manufacture Of Paper And Paper Products 17.12 - Manufacture of paper and paperboard
130 - 150 jobs Number of planned job losses
Announcement Date
7 September 2020
Employment effect (start)
7 September 2020
Foreseen end date
31 December 2020
Description
Mayr-Melnhof ended the production of cardboard at its site in Hirschwang an der Rax, resulting in the loss of 130 jobs. The company said that the main machine (1952) was being decommissioned and that the fire which destroyed part of the production hall last February was not the reason. The restructuring affects 150 employees in total, however 10 to 15% of the staff will have the opportunity to change to other jobs within the company. A social plan will be negotiated and the exact date for the shutdown will be part of those negotiations. In 2017, the Mayr-Melnhof Karton AG had a total number of 9,856 employees and a turnover of €2,337 million.
Eurofound (2020), Mayr-Melnhof, Internal restructuring in Austria, factsheet number 101825, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/101825.
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.
