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 Food And Beverage Manufacture Of Food Products 10.82 - Manufacture of cocoa, chocolate and sugar confectionery
150 jobs Number of planned job losses
Announcement Date
10 May 2005
Employment effect (start)
31 December 2005
Foreseen end date
31 December 2005
Description
Traditional maker of sweets Ragolds is to close its operations at the end of 2005. The owner announced that there is no perspective for a return to sustainable profitable business. Ragolds has in the past suffered from shrinking market shares for its main products and from growing competition. The management has entered negotiations with the workers' representatives about a redundancy programme.
Sources
12 May 2005: Frankfurter Allgemeine Zeitung
Citation
Eurofound (2005), Ragolds, Closure in Germany, factsheet number 61568, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61568.
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.
