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. 28.91 - Manufacture of machinery for metallurgy
64 jobs Number of planned job losses
Announcement Date
28 February 2016
Employment effect (start)
1 April 2016
Foreseen end date
31 December 2016
Description
The machinery manufacturer Primetals Technologies France has announced a reorganisation of its plant of Savigneux with 64 job cuts out of a total workforce of 344 employees. The management has announced this restructuring on 4 February to the works council. According to sources, the management wants to avoid direct dismissals and will try to negotiate a voluntary departure plan with the unions. PriMetals, which employees around 9,000 staff worldwide, resulted from a Joint Venture between Siemens VAI Metal Technologies and the Japanese engineering and electronics company Mitsubishi Heavy Industries (MHI) in 2014.
Sources
28 February 2016: L'Essor
Citation
Eurofound (2016), Primetals Technologies, Internal restructuring in France, factsheet number 86608, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/86608.
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.
