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 29.3 - Manufacture of parts and accessories for motor vehicles
100 jobs Number of planned job losses
Announcement Date
21 March 2013
Employment effect (start)
21 March 2013
Foreseen end date
Description
German automotive and defense equipment supplier Rheinmetall will close its site in Nettetal (North Rhine-Westphalia) and thus make 100 people redundant. The company suffers from low demand resulting from reduced government spending on defense. In total, Rheinmetall employs 21,700 people, about the half of them in Germany. In Nettetal, 400 people are employed and 300 of them shall be relocated to the new head office in Neuss (North Rhine-Westphalia), where 1,600 people will work in future. The company aims to avoid forced redundancies. In November 2012, Rheinmetall had already announced to cut 200 jobs in Germany, most of them in Kassel (Hesse) and Kiel (Schlewsig-Holstein) (please see here).
Sources
21 March 2013: Rheinische Post (online)
Citation
Eurofound (2013), Rheinmetall, Relocation in Germany, factsheet number 75182, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75182.
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.
