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.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62 - Computer programming, consultancy and related activities
New offshoring locations
Turkey, Germany
70 jobs Number of planned job losses
Announcement Date
9 May 2004
Employment effect (start)
Foreseen end date
31 October 2004
Description
In May 2004, Siemens announced the redundancy of 70 people out of a total of 578. This last restructuring move will mainly affect the companys call centre activities, as they are to be transferred in Istanbul and Germany. On 12 October 2004 company management added that the 70 redundancies would be effective before the end of the month.
Sources
12 October 2004: Les Echos
9 May 2004: Les Echos
Citation
Eurofound (2004), Siemens Business Services (SBS Belgium), Offshoring/Delocalisation in Belgium, factsheet number 60701, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60701.
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.
