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 Of Other Goods In Specialised Stores 47.71 - Retail sale of clothing in specialised stores
150 jobs Number of planned job losses
Announcement Date
13 August 2020
Employment effect (start)
13 August 2020
Foreseen end date
15 October 2020
Description
Clothing retail companies, Brown Thomas and Arnotts, are seeking to reduce their workforce by 150 people, due to the impact the COVID-19 pandemic has had on their sales.
Both retailers, part of the Selfridges Group, will first consider voluntary redundancies of up to 150 workers, as their trading has not recovered to pre-COVID-19 levels. Management said they were also open to other options such as shorter working time, career breaks and early retirement, with a view to align business requirements and staffing needs.
While the retailers experienced strong online sales, this has not compensated for the loss of in-store trading during the closure period (April to June) as well as the reduced in-store sales since reopening.
Eurofound (2020), Brown Thomas and Arnotts, Internal restructuring in Ireland, factsheet number 101549, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/101549.
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.
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