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 Material For Textiles, Apparel, Leather And Related Products Manufacture Of Wearing Apparel 14.1 - Manufacture of wearing apparel, except fur apparel
40 jobs Number of planned job losses
Announcement Date
14 January 2016
Employment effect (start)
Foreseen end date
Description
Finnish producer and retailer of Marimekko design products has initiated employer-employee negotiations aiming to cut 55 jobs. Marimekko is streamlining its operations in order to improve profitability following a weaker Finnish retail market and insecurity in the global economy. The streamlining is expected to result in 55 redundancies. Personnel in company owned retail stores will not be affected, jobs will be cut at the headquarters and Marimekko factory in Helsinki.
The ERM has previously reported on the closure of two Marimekko factories in 2013.
UPDATE 24/3/2016:Following concluded employer-employee negotiations 40 jobs will be cut at Marimekko. Of these 40, 35 employees will be directly dismissed and 5 will be made redundant by other arrangements. The remaining 15 individuals who were initially at risk of losing their jobs will be offered other positions within Marimekko as their current job positions are made redundant.
Sources
14 January 2016: Company press release
15 March 2016: Kauppalehti
Citation
Eurofound (2016), Marimekko, Internal restructuring in Finland, factsheet number 86377, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/86377.
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.
