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. 28.24 - Manufacture of power-driven hand tools
New offshoring locations
Italy
175 jobs Number of planned job losses
Announcement Date
10 December 2012
Employment effect (start)
Foreseen end date
Description
GGP Sweden, manufacturer of lawn mowers in Sweden, has announced they will let go of 175 employees as the current production is moved to GGP’s facilities in Campigo, Italy. The reason for centralising the production is failing profitability, overcapacity and weakening market demand.
All of the production will be moved to the Italian site, which is currently working at half capacity. The Swedish sales office, the central warehouse for the Nordic market and other services, with 66 employees, will remain in Tranås.
Local union chairman Mikael Stenquist states that the decision will have a negative impact on the region, which is already under pressure from a current surge in redundancies. The advanced age of many of GGP’s employees means that they will have a hard time finding new jobs, it is reported.
GGP Sweden is a subsidiary of GGP group, manufacturer of lawn mowers and powered garden equipment. Earlier employment adjustments by GGP Sweden are covered in fact sheet 444.
As of December 2012 there is no information about when the delocalisation will begin or when it will be implemented by.
Sources
10 December 2012: Sveriges Television
10 December 2012: Dagens Industri
Citation
Eurofound (2012), GGP Sweden, Offshoring/Delocalisation in Sweden, factsheet number 74627, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74627.
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.
