EMCC European Monitoring Centre on Change

Plansee Group

16 Jul, 2015
    • Austria
  • Organisation size

    1000+

  • Establishment size

    1000+

  • Type of restructuring
    • Internal restructuring
  • Ownership
    • Private
  • Involved actors

    • National government
    • Regional/local government
    • Public employment service
    • Education/training provider
    • Trade union
    • Works council
  • Management of change activities
    • Diagnosis of the situation and designing change procedures
    • Information and consultation of workers or their representatives
    • Multistakeholder communication and networking
    • Working time flexibility measures
    • Transition of affected employees to other employers
    • (Re)training of affected employees
    • Flexible/early retirement schemes

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.

keywords
  • Recession/crisis
  • Regional aspects