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. 28.93 - Manufacture of machinery for food, beverage and tobacco processing
800 jobs Number of planned job losses
Announcement Date
2 June 2015
Employment effect (start)
Foreseen end date
Description
German technology group Körber has announced plans to cut 800 jobs wordwide in its cigarette machinery unit. It is foreseen that around a third of the job losses will take place in international locations, with the remaining job cuts concentrated in Germany. In Germany, it is expected that the job reductions will affect 500 workers at the plant in Hamburg-Bergedorf and around 100 at the plant in Schwarzenbek. The company said that this measure was due to the decreasing cigarette consumption worldwide and the enforcement of increasingly strong regulation in the sector, including in strategically important markets such as China and Latin America. The final scope and the timescale for announced job reductions will be agreed in the pending negotiations between the company and the employee representatives. The company currently employs 12,000 people worldwide, 4,600 of them in its tobacco division.
Sources
3 June 2015: Handelsblatt (online version)
2 June 2015: Company press release
Citation
Eurofound (2015), Körber, Internal restructuring in World, factsheet number 83734, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/83734.
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.
