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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale In Non-Specialised Stores 47.11 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
300 jobs Number of planned job losses
Announcement Date
25 May 2020
Employment effect (start)
Foreseen end date
Description
Dutch retail company Jumbo announced it will cut 300 jobs at its head offices in Veghel, in order to make the head offices more efficient. Internally, the company had already announced plans to restructure the 1,300 people head offices as early as January.
The restructuring includes the outsourcing of 180 administrative jobs, such as personnel administration and accounts payable administration. These workers are expected to be transferred to the company the work is outsourced to. In addition, 120 management jobs will disappear as a result of internal restructuring. 40 of these jobs are reported to be cut by natural attrition, whereas the remaining 80 jobs will be cut by direct dismissals.
Jumbo has announced a social plan, stating that it will be more generous than anticipated before the COVID-19 outbreak. The restructuring will be effective from September, but dismissed employees will remain on the payroll until December.
Jumbo is a Dutch retail company with supermarkets operating under the same name, mostly in the Netherlands. In recent years, it has expanded its online activities, opened its first stores in Belgium and acquired several stores from other Dutch companies.
Eurofound (2020), Jumbo, Internal restructuring in Netherlands, factsheet number 100751, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/100751.
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.
