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 Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Other Non-Metallic Mineral Products 23.4 - Manufacture of other porcelain and ceramic products
300 jobs Number of planned job losses
Announcement Date
9 January 2016
Employment effect (start)
Foreseen end date
Description
The Spanish ceramics company Lladro will implement and employment adjustment affecting 300 workers. In 2013 the company implemented a temporary working time reduction plan that affected 30% of the working time between 2014 and 2016. However, the plan has not been enough to allow to the company to recuperate its profitability. In 2014, sales reached €37.7 million compared to €43 million in 2013. Moreover, the company lost €4.4 million in the manufacturing sector, which will be the most affected by the dismissals. The intention of the company is to achieve an agreement with the trade unions on the dismissals and compensatory measures.
Sources
9 January 2016: ABC
Citation
Eurofound (2016), Lladró, Internal restructuring in Spain, factsheet number 86122, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/86122.
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.
