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.
Hrvatska; Kontinentalna Hrvatska; Sisa ko-moslava ka županija
Location of affected unit(s)
Sisak
Sector
Manufacturing Manufacture Of Material For Textiles, Apparel, Leather And Related Products Manufacture Of Textiles 13.30 - Finishing Of Textiles
103 - 105 jobs Number of planned job losses
Announcement Date
3 September 2024
Employment effect (start)
30 September 2024
Foreseen end date
30 October 2024
Description
In Sisak, Zlatna igla - Siscia, a long-standing textile factory that employs a little more than a hundred workers, began a strike due to the non-payment of wages for July 2024, while the management announced a bankruptcy procedure. The factory has been facing difficulties for a long time regarding its market position, competitiveness, and financial sustainability.
Four months ago, it changed ownership, but this did not significantly improve its position. Thus, the opening of bankruptcy proceedings was agreed for 23 September 2024. Planned job measures include potential dismissals, as over 100 workers could be laid off if the company shuts down. Local social partners, including the President of the City Council, Bojan Dadasović, have expressed concern, criticising the lack of transparency and engagement from the new owners.
The Trade Union in Textile, Garment, Leather, and Rubber of Croatia is willing to provide various forms of aid to dismissed workers.
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.
