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 Chemicals And Pharamceuticals Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
New offshoring locations
Poland
280 jobs Number of planned job losses
Announcement Date
7 March 2007
Employment effect (start)
31 March 2007
Foreseen end date
31 March 2009
Description
Procter & Gamble said in its statement that it is to transfer manufacturing of its skin-care products division from Nenagh to Lodz in Poland over a two-year period with the loss of 280 jobs. Concern had been growing for the future of the entire Nenagh operation which employs 500 people. But the company said that it will retain its cosmetics manufacturing division in the North Tipperary town, making the jobs of 220 workers secure. The decision by the company to transfer production of its skin- care products to Lodz follows a year-long sourcing study by the company to identify what it described as "the optimum manufacturing locations for the European supply of skin-care and cosmetics". According to the statement, the decision to move its skin-care manufacturing division to Poland was a result of the growing demand for the company's products such as Oil of Olay in eastern Europe. "Given the growth of Procter & Gamble's skin care business in central and eastern Europe, it was decided from an economic and financial perspective to locate the source of skin-care production closer to these fast growing markets," said the company. According to the company, the cosmetics business is more complex and higher value with a greater focus on western Europe which allows the company retain its cosmetic manufacturing division at the plant in Nenagh.
Sources
8 March 2007: The Irish Independent
8 March 2007: The Irish Times
Citation
Eurofound (2007), Procter & Gamble, Offshoring/Delocalisation in Ireland, factsheet number 65058, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65058.
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.
