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 Food And Beverage Manufacture Of Food Products 10.20 - Processing and preserving of fish, crustaceans and molluscs
120 - 203 jobs Number of planned job losses
Announcement Date
28 April 2020
Employment effect (start)
Foreseen end date
Description
The canned fish food manufacturing company Isidro 1952 has confirmed a collective dismissal programme of 120 employees after the Commercial Court of Coruña had ratified its economic and productive causes. The legal ruling specifies that the company's sales fell 12.37% in 2018 and 22.21% in 2019 compared to the previous year. Another collective dismissal process is still pending of resolution of the court, potentially affecting other 83 employees.
Affected workers believe there are no chances to return to their jobs considering the additional economic impact of the Covid-19 crisis over the company; the company has been closed since the start of the implementation of confinement measures in Spain.
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.
