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 29.31 - Manufacture of electrical and electronic equipment for motor vehicles
500 - 600 jobs Number of planned job losses
Announcement Date
28 November 2019
Employment effect (start)
1 January 2020
Foreseen end date
31 December 2022
Description
The German car supplier Bosch will cut more than 600 positions at the engine-manufacturing plants in Reutlingen, Ansbach (Bavaria) and in Salzgitter (Lower Saxony). The job cuts are motivated by decreasing orders of engines with internal combustion and transition to new electric technology. The Reutlingen plant will suffer alone 500 of the redundancies. In December 2019, the company's management informed that the workforce will be reduced by natural fluctuation and early retirement.
Currently, the employees are protesting and the works council is negotiating with the management.
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.
