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
160 jobs Number of planned job losses
Announcement Date
13 April 2023
Employment effect (start)
13 April 2023
Foreseen end date
Description
The paper producer Mondi Neusiedler, an industrial company in the Mostviertel region in Lower Austria, has registered 160 of 700 employees with the Public Employment Service due to internal restructuring measurements. Both sites in Lower Austria, Ulmerfeld-Hausmening and Kematen are affected. The company has developed a new product portfolio, focusing on the production of luxury packaging, graphic printing and on paper for technical applications among others. In exchange, the previous focus on high-quality office and printing paper will be scaled back, which is why the paper machine 6 (PM6), operation since 1982, will be shut down.
Talks for social plans for affected employees with the works council were initiated. The restructuring aims at improving the company's performance and is in line with it's sustainability commitments under MAP2030, which include reducing greenhouse gas emissions. The mayor Christian Haberhauer emphazised that the company is an important employer and partner for Amstetten and the region, and he was assured of an social plan for the employees affected.
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.
