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 17.29 - Manufacture of other articles of paper and paperboard
118 - 138 jobs Number of planned job losses
Announcement Date
9 December 2016
Employment effect (start)
9 December 2016
Foreseen end date
Description
On 9 December 2016, the paper manufacture Felix Scholler announced to cut 118 jobs in Weißenborn.
The company plans a restructuring programme due to declining sales figures for its photo basic papers.
The management negotiated with the works' council that the jobs will be reduced through natural fluctuation. However, about 20 job positions, which are fixed-term contracts about to expire, will not be extended beyond 2016. It is not clear if these jobs are additional or within the 118 job cuts.
Furthermore, the restructuring also includes that all employees in Weißenborn will work one hour less with corresponding lower wage starting in 2017.
Felix Schoeller Group employs 839 employees in Weißenborn and about 2,400 employees worldwide.
Sources
9 December 2016: Freie Presse (online)
22 November 2016: euwid-papier.de
Citation
Eurofound (2016), Felix Schoeller, Internal restructuring in Germany, factsheet number 89402, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/89402.
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.
