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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28 - Manufacture of machinery and equipment n.e.c.
130 jobs Number of planned job losses
Announcement Date
6 September 2009
Employment effect (start)
Foreseen end date
1 July 2010
Description
Rieter, a world leading supplier to the textile and automotive industries, is to cut 130 jobs at its plant located at Santhià, in the province of Vercelli (out of 230 employees). The job-cuts process should be completed by the first half of 2010.
The trade unions reacted to the company's decision by going out on strike. They are worried about the future of production's activities in the Santhià plant.
Rieter comprises two divisions: Rieter Textile Systems, which produces machinery and systems for manufacturing yarns and nonwovens; Rieter Automotive Systems, which manufactures components, modules and total systems for acoustic comfort and thermal management in motor vehicles.
The company has around 12,500 employees in 21 countries.
Sources
7 October 2009: La Stampa
Citation
Eurofound (2009), Rieter, Internal restructuring in Italy, factsheet number 69763, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69763.
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.
