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.
Agriculture Agriculture, Forestry And Fishing Forestry And Logging 02.10 - Silviculture and other forestry activities
415 jobs Number of planned job losses
Announcement Date
17 January 2022
Employment effect (start)
17 January 2022
Foreseen end date
31 January 2022
Description
Romsilva, a state-owned company responsible with the management of forestlands, plans to cut 421 jobs by the end of January 2022. Out of the 415 employees due to receive redundancy decisions, 223 are workers and 192 are Technical, Economic and Socio-Administrative staff, of whom 144 are forestry staff. The job cuts are part of a wider restructuring process.
From the trade union perspective, this dismissal is illegal, immoral and untimely, as Romsilva’s 2021 financial results indicate that the company registered higher than estimated profits. In November 2021, the union challenged in court the decision of the Board of Directors of Romsilva which approved the methodology for the restructuring process. As of January 2022, there are two pending lawsuits around the restructuring process. The union also fought to increase the redundancy payment received by workers in case the restructuring process will be implemented.
Romsilva was established in 1991 and is responsible with the management of forestlands. The company has a workforce of 15,248.
Eurofound (2022), Romsilva, Internal restructuring in Romania, factsheet number 106173, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106173.
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.
