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 17.29 - Manufacture of other articles of paper and paperboard
245 jobs Number of planned job losses
Announcement Date
15 March 2023
Employment effect (start)
15 March 2023
Foreseen end date
Description
Avery Dennison, a multinational manufacturer and distributor of pressure-sensitive adhesive materials, apparel branding, labels and tags has announced it will be dismissing 245 of its employees in its facility in Soignies. The measure is part of a larger restructuring within the company that consists of automatisation, modernisation and relocation of some of its activities. The main goal of this plan is to increase overall productivity within the different facilities. The trade unions are upset with the decision of the company management, given the current economic climate and demand the decision to be reversed.
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.
