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. 28.22 - Manufacture of lifting and handling equipment
120 jobs Number of planned job losses
Announcement Date
5 June 2013
Employment effect (start)
Foreseen end date
Description
The Terex Cranes Germany GmbH, a German producer of industrial mobile cranes, plans to cut 200 jobs by 2014. This is due to the continuing difficult economic situation. The industrial union "IG Metall" has the opinion that this measure is due to mismanagement. Furthermore the management wants to negotiate a new employment contract.
Terex Cranes Germany GmbH is a subsidiary of Terex and had in 2013 1850 employees.
Update, 13 November 2013: According to new sources, job cuts are to affect the Terex sites in Zweibrücken (Rhineland-Palatinate) and Blieskastel (Saarland). Furthermore, dismissals have been reduced from 200 to 120.
Sources
5 November 2013: Saarbrücker Zeitung
5 June 2013: Pirmasenser Zeitung
5 June 2013: Die Rheinpfalz
Citation
Eurofound (2013), Terex Cranes, Internal restructuring in Germany, factsheet number 75609, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75609.
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.
