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 (26 - 27) Manufacture of electrical, electronic and optical products 26.1 - Manufacture of electronic components and boards 26.1 - Manufacture of electronic components and boards
100 jobs Number of planned job losses
Announcement Date
5 September 2025
Employment effect (start)
1 October 2025
Foreseen end date
31 October 2026
Description
HP Composites has announced restructuring plans for its Ascoli facility affecting approximately 100 positions among 537 current employees. The French multinational has notified unions and Confindustria of plans for one-year extraordinary unemployment benefits starting as early as October.
The Marche Region has convened a technical meeting for Wednesday to address the situation at the Campolungo industrial zone facility. A factory assembly is scheduled for Monday, with unions expected to announce their official position today regarding the proposed restructuring.
Former director, who resigned to become CEO at another sector company but remains until October 26, previously cited increased tariffs as a contributing factor. He noted competitive pressure from Italian companies operating in low-cost countries including Hungary, Croatia, and Tunisia, while US tariffs penalize international trade with automotive manufacturers who purchase HP Composites products.
The company has appointed an external advisor to monitor its financial situation. The 15-year-old Ascoli facility spans 22,000 square meters across five buildings and has employed up to 700 workers including temporary staff during peak periods
Eurofound (2025), HP Composites, Internal restructuring in Italy, factsheet number 203278, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/203278.
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.
