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. 28.30 - Manufacture of agricultural and forestry machinery
97 jobs Number of planned job losses
Announcement Date
8 May 2013
Employment effect (start)
Foreseen end date
Description
John Deere Forestry, a subsidiary of John Deere Group, has announced plans for 97 redundancies (73 permanent and 24 agency workers). The company has concluded negotiations with employee representatives on the cuts. Subject to negotiations was the entire 700 staff in Finland.
The company states that it needs to adjust its costs and personnel to the declining market. In Joensuu, 47 positions will be lost and 26 in Tampere. The company will also reduce subcontracting by 24 full-time-equivalents.
In 2012, the company made a decision to temporarily lay off 320 employees for up to 90 days. The company also carried out a restructuring plan in 2009 (see John Deere Forestry-2009).
John Deere Forestry has its headquarters in Tampere, Finland and a forestry machine production facility in Joensuu.
Sources
18 March 2013: YLE News
8 May 2013: John Deere press release
8 May 2013: Taloussanomat
Citation
Eurofound (2013), John Deere Forestry, Internal restructuring in Finland, factsheet number 75114, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75114.
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.
