IWS Documented News INTERNATIONAL

IWS Documented News Service

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Institute for Workplace Studies----------------- Professor Samuel B. Bacharach

School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies

Cornell University

16 East 34th Street, 4th floor---------------------- Stuart Basefsky

New York, NY 10016 -------------------------------Director, IWS News Bureau

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European Foundation for the Improvement of Living and Working Conditions (Dublin Foundation)

European Monitoring Centre on Change (EMCC)

EMCC case studies: Aiming for a ‘soft landing’ – Plansee Group (Austria) [17 January 2012]

http://www.eurofound.europa.eu/publications/htmlfiles/ef1057.htm

or

http://www.eurofound.europa.eu/pubdocs/2010/57/en/1/EF1057EN.pdf

[full-text, 20 pages]

Author:

Foundation

Summary:

This case study looks at the way in which the Plansee Group in Austria has sought to ensure a ‘soft landing’ for employees affected by the global economic downturn. Having seen a collapse in demand in 2008, primarily in the parts of its business supplying metal products to the ailing vehicle manufacturing industry, Plansee Group has nevertheless been able to avoid involuntary redundancies by making a significant investment in retraining and by making use of shorttime work arrangements.

CONTENTS

Introduction

Company Profile

Impact of the financial crisis

Regulatory and policy context

Soft restructuring and the Social Plan at Plansee

Lessons learned and conclusions

References

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This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

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Stuart Basefsky                  

Director, IWS News Bureau               

Institute for Workplace Studies

Cornell/ILR School                       

16 E. 34th Street, 4th Floor            

New York, NY 10016                       

Telephone: (607) 262-6041              

Fax: (607) 255-9641                      

E-mail: smb6@cornell.edu                 

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