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 Wood And Paper Materials Manufacture Of Paper And Paper Products 17 - Manufacture of paper and paper products
225 jobs Number of planned job losses
Announcement Date
27 September 2011
Employment effect (start)
3 October 2011
Foreseen end date
Description
On 27 September, the Commercial court of Aubenas announced the take-over of the envelope manufacturer GPV by the German company Mayer-Kuvert (2100 employees, turn-over of around 320 millions euro), with the loss of 225 jobs. Of the 225 job cuts, 185 positions will be in production and 40 of administrative staff. Only the headquarters will be spared in Davézieux (Ardèche). Management announced it will maintain its workforce (25 employees) until the end of 2013. Some former employees of GPV may take up the possibility to create a cooperative before the end of December to preserve some positions, but no more than 30. GPV, number four in its market in 2010, has been in receivership since May 2011. The company has 358 employees in France and 568 throughout the EU with other facilities in the UK, in Bulgaria and Romania.
Eurofound (2011), GPV, Merger/Acquisition in France, factsheet number 72409, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72409.
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.
