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.
Transportation / Storage Land, Water And Air Transportation Land Transport And Transport Via Pipelines 49.2 - Freight rail transport
120 jobs Number of planned job losses
Announcement Date
31 October 2022
Employment effect (start)
1 January 2023
Foreseen end date
31 March 2023
Description
The Swedish company for freight transport by rail, Greeen Cargo, will cut 120 jobs, mostly train drivers and terminal workers, on the three domestic routes operated by its Norwegian subsidiary. The jobs are reported to be cut during the first quarter of 2023 due to operation costs having increased more than income in recent years. The decision will also affect around 30 customers in Norway. The company is negotiating with the union regarding implementation of the downsizing. The decision came unexpectedly on the union, and the workers are worried, according to the leader of the Norwegian Railways Association.
Green Cargo is owned by the Swedish state, and started its operations in Norway in 2016.
Eurofound (2022), Green Cargo, Closure in Norway, factsheet number 107897, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/107897.
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.
