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.
(10 - 33) Manufacturing (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 29.31 - Manufacture of electrical and electronic equipment for motor vehicles
New offshoring locations
Bosnia and Herzegovina
710 jobs Number of planned job losses
Announcement Date
10 October 2024
Employment effect (start)
1 January 2025
Foreseen end date
31 December 2025
Description
Mahle Electric Drives Slovenija (MEDS), the German manufacturer of electric drive systems and mechatronics for hybrid and electric vehicles, announced 600 layoffs in 2025.
The company plans to cut 340 jobs in 2025 as part of an optimization of the organizational structure aimed at increasing efficiency. Additionally, 270 jobs will be cut as part of the relocation of production to Bosnia and Herzegovina and Hungary. The decision was attributed to weak demand in Europe's automotive market. Guntram Haas, CEO of Mahle Electric Drives Slovenia, stated that the company is currently facing a decline in automotive and other markets in which it operates.
Updated, 4/8/2025
Originally, 610 people were expected to lose their jobs at Mahle in Šempeter pri Gorici, but almost 200 of them have already found new employment elsewhere. A further 100 workers will be made redundant in August, followed by 24 in September. The remaining 270 will lose their jobs in 2026 when alternator production moves to Bosnia and Herzegovina. The union has negotiated a series of measures to protect workers' rights, including priority dismissal for those who are eligible to retire, severance payments for volunteers and incentives for those who stay with the company until the end of production in Slovenia. The union also managed to postpone the relocation until 2026, extending the employment of around 270 workers by approximately one year. Despite these efforts, the union stresses that this is one of the biggest social upheavals in the region in recent years.
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.
