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 Chemicals And Pharamceuticals Manufacture Of Chemicals And Chemical Products 20.51 - Manufacture of explosives
100 jobs Number of planned job losses
Announcement Date
2 February 2020
Employment effect (start)
Foreseen end date
Description
The company of energy materials and demolition Maxam, mainly manufacturing weapons for defence and explosives for mining and public works, has announced an adjustment plan affecting at least 100 employees. Affected workers are all those of central offices in Madrid together with employees of other centres of Madrid, Galdácano (Vizcaya) and Páramo de Masa (Burgos). The company also announced a modification in the working conditions, among which a salary reduction, to be proposed in the new upcoming collective agreement. Negotiations between the company and the work council (formed by UGT, CCOO, ELA and Maxam Independent Trade Union (SIX)) will start during February.
Eurofound (2020), Maxam, Internal restructuring in Spain, factsheet number 99733, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/99733.
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.
