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.
Utilities Electricity, Gas, Steam And Air Conditioning Supply Electricity, Gas, Steam And Air Conditioning Supply 35.22 - Distribution Of Gaseous Fuels Through Mains
150 jobs Number of planned job losses
Announcement Date
7 February 2024
Employment effect (start)
7 February 2024
Foreseen end date
Description
Ørsted is a big Danish energy company active in the gas and wind energy sector. The company has announced the dismissal of 250 employees globally, where 150 dismissals will take place in Denmark. The company wants to cut yearly costs by one billion Danish kroner and this will mean the dismissal of 600-800 employees globally, whereof 250 will take place now. The company lost more than 20 billion kroner in 2023.
The company has 8.900 employees globally, with most employees in different locations in Denmark.
Eurofound (2024), Ørsted, Internal restructuring in Denmark, factsheet number 200785, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200785.
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.
