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 Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
400 jobs Number of planned job losses
Announcement Date
30 January 2019
Employment effect (start)
1 September 2019
Foreseen end date
30 September 2019
Description
The US network producer Infinera will be closing its plant in Berlin in September 2019, which will result in the loss of 400 jobs. According to Infinera, the closure is part of a global restructuring programme. Local politicians strongly oppose Infinera’s plan to close the plant as they fear that German key technology for the security sector, which is used by the Federal Armed Forces and intelligence services in Germany, might be sold abroad. On 27 March 2019, works council and management agreed on severance package for all employees including a transition company, both budgeted with €24.5 million.
Eurofound (2019), Infinera, Closure in Germany, factsheet number 97564, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/97564.
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.
