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.
Professional Services Scientific, Architectural And Engineering Technical Activities Scientific Research And Development 72.19 - Other research and experimental development on natural sciences and engineering
600 jobs Number of planned job losses
Announcement Date
25 March 2021
Employment effect (start)
25 March 2021
Foreseen end date
Description
German technical consultant and certification company TÜV Rheinland has announced that it will cut 600 jobs, including 200 jobs in Germany. Around other 400 jobs will be cut, but, so far, there is no information on which countries will be affected.
Administrative positions will be particularly affected, and some roles will be relocated from Germany to the city of Katowice, Poland. The restructuring programme is intended to save a 'mid-double-digit million' amount. The conditions will be negotiated with employee representatives according to local regulations.
Rheinland has been operating for over 150 years; the group is one of the world’s largest testing service providers which certifies the safety and quality of products, systems and services around the world. Currently, the group employs over 20,000 people.
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.
