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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
140 jobs Number of planned job losses
Announcement Date
10 July 2019
Employment effect (start)
1 December 2019
Foreseen end date
31 December 2019
Description
The Italian automotive supplier Autotest аnnounced the shutdown of its production plants in Eisenach, Germany, leading to the dismissal of 140 employees. The closure of the Eisenach plant is scheduled for the end of 2019. According to the company, this step is a strategic response to a lasting orders decline. Autotest indicates that the job cuts shall be realised in a socially acceptable manner. The negotiations with workers' union started in the summer of 2019. However, in November 2019 the negotiations on a social redundancy agreement are still ongoing. The final result will have no impact on the number of job cuts.
Currently, Autotest holds four plants and employs a total of 450 workers in Germany.
Eurofound (2019), Autotest, Closure in Germany, factsheet number 99118, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/99118.
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.
