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.
Information / Communication Information Service Activities Digital Infrastructure Services 63.12 - Web portals
100 - 300 jobs Number of planned job losses
Announcement Date
25 January 2023
Employment effect (start)
25 January 2023
Foreseen end date
31 December 2023
Description
OLX, which is an online marketplace platform operating in Poland, has announced it will be reducing its workforce. The group's owner, Naspers, has announced plans to lay off up to 30 percent of employees from its corporate structures.
Paulina Musielak-Rezmer, PR Lead at the OLX Group, has made a statement that the decision is a consequence of the current macroeconomic situation by which major online platforms have been affected. OLX currently has more than 1,000 employees in Poland, so the layoffs can affect up to 300 people. OLX is a Dutch-based online marketplace headquartered in Amsterdam, owned by South African global media and technology group Naspers. It operates in more than 40 countries and is currently the largest company offering access to an online marketplace.
Eurofound (2023), Grupa OLX, Internal restructuring in Poland, factsheet number 108331, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/108331.
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.
