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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.1 - Manufacture of motor vehicles
120 jobs Number of planned job losses
Announcement Date
15 May 2009
Employment effect (start)
15 May 2009
Foreseen end date
Description
Steyr-Daimler-Puch Spezialfahrzeug (SSF), a company specialising in the production of armored vehicles, is to cut 120 of its currently 450 jobs at the headquarters in Vienna-Simmering. SSF is a company integrated in a business unit called ‘General Dynamics European Land Systems' - consisting of four European enterprises in total, which are fully owned by the US General Dynamics Corporation. The firm's main field of activities centres around design, development, production and sales of wheeled and tracked armored vehicles. According to management, the current absence of large-scale orders is forcing the company to lay off staff in order to secure the Viennese site and to remain competitive. Therefore the management has sent written notification of the planned dismissal of 120 employees to the Labour Market Service. A social plan is currently being negotiated with the works council.
Sources
15 May 2009: Kurier
15 May 2009: Der Standard
Citation
Eurofound (2009), Steyr-Daimler-Puch Spezialfahrzeug, Internal restructuring in Austria, factsheet number 68985, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68985.
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.
