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 Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Other Non-Metallic Mineral Products 23.41 - Manufacture of ceramic household and ornamental articles
80 - 100 jobs Number of planned job losses
Announcement Date
3 February 2007
Employment effect (start)
Foreseen end date
31 March 2007
Description
One of the oldest porcelain factories in Hungary, Herend Porcelain Manufactory Ltd., is laying off 100 employees in the first quarter of the year. The factory produces hand-crafted luxury porcelain goods. The dismissals have been announced to the local employment office and negotiations with the trade unions and works council have been started. By mid-February 80 employees were dismissed. General Manager, Attila Simon, said that many of the dismissed employees went on early retirement or resigned. Age was taken into consideration in the course of dismissals and older employees working under the same circumstances as their younger counterparts had the opportunity to keep their jobs. Mr Simon also underlined that in the case of spouses and partners a point was made of not to lay off both. Reasons behind the restructuring include increasing taxes, the stagnation in the porcelain industry.
Sources
3 February 2007: Magyar Hírlap
21 February 2007: Magyar Nemzet
Citation
Eurofound (2007), Herendi Porcelánmanufaktúra, Internal restructuring in Hungary, factsheet number 64999, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64999.
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.
