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.
Germany, Nordic countries, Eastern Europe (Poland)
Sector
Professional Services Architectural and engineering activities; technical testing and analysis Architectural and engineering activities and related technical consultancy 71.12 - Engineering activities and related technical consultancy
895 jobs Number of planned job losses
Announcement Date
7 November 2013
Employment effect (start)
1 January 2014
Foreseen end date
31 December 2014
Description
Netherlands-based technical services provider Royal Imtech is to cut additional 895 jobs at its European sites, notably in Germany, the Nordic countries and Eastern Europe (mailnly in Poland).
As announced, the group plans to cut in Germany an extra 300 FTE jobs on top of an existing restructuring. Additionally is reported that there will be 230 redundancies in Poland and 240 ones in the Nordic countries.
Imtech has already implemented a restructuring plan concluding to 1,355 job losses (seeImtech-EU2013).
Sources
7 November 2013: Imtech (press release)
Citation
Eurofound (2013), Royal Imtech, Internal restructuring in European Union, factsheet number 76177, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76177.
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.
