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 47.19 - Other retail sale in non-specialised stores
500 jobs Number of planned job creations
Announcement Date
15 February 2021
Employment effect (start)
Foreseen end date
Description
Lidl, a German multinational supermarket retail chain, has announced significant recruitment plans for its Belgian division. In total approximately 500 people will be hired. These workers are needed to staff 19 existing stores that are being expanded as well as 4 new stores. The Covid-19 crisis has proven to have a positive effect on the turnover of the company. Its national market share increased to approximately 7.3%. The company grew faster than its supermarket competitors last year.
Eurofound (2021), Lidl, Business expansion in Belgium, factsheet number 103630, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/103630.
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.
