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 Of Wood And Paper Materials Manufacture Of Paper And Paper Products 17.21 - Manufacture of corrugated paper and paperboard and of containers of paper and paperboard
New offshoring locations
Various EU Locations
250 jobs Number of planned job losses
Announcement Date
27 August 2014
Employment effect (start)
1 January 2015
Foreseen end date
Description
Multinational food packaging and processing company Tetra Pak is to close a production site in Lund, Sweden; 250 jobs are to be lost. As reported, the closure of the site aims at production streamlining as a response to a current overcapacity in Europe.
The restructuring is also an effect of a declining demand for the company's products in the European market, and it is estimated to start in early 2015. The job losses primarily affect blue-collar workers engaged in the production facilities in Lund.
Negotiations with the union have just begun.
Tetra Pak, a company of Swedish origin, has a total operation in Lund encompassing around 3,500 employees. Its global business employs over 22,000 people. Its net sales in 2013 exceeded €11,075 million. The company is currently challenged by a structural shift in the demand of its products from Europe to non-European regions.
Sources
28 August 2014: Sydsvenska Dagbladet
27 August 2014: Expressen
Citation
Eurofound (2014), Tetra Pak, Offshoring/Delocalisation in Sweden, factsheet number 77490, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77490.
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.
