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 Of Food, Beverages And Tobacco In Specialised Stores 47.2 - Retail Sale Of Food, Beverages And Tobacco In Specialised Stores
160 jobs Number of planned job losses
Announcement Date
20 March 2025
Employment effect (start)
28 September 2025
Foreseen end date
Description
The food retail store Coop Syd has initiated an internal restructuring with the plan to cut 160 jobs. Of the dismissals, 140 will consist of store personnel and 20 white-collar administrative staff.
Coop Syd, which has stores operating in Skåne and Blekinge regions in Southern Sweden, has had difficulty making profits. The financial result of 2023 was negative. The company states that it will focus operations on profitable stores.
Trade union consultations have begun and are expected to be completed within six to eight weeks.
Coop Syd is the regional branch of Coop, one of Sweden's largest food retailers. Coop Syd operated 98 food stores before the restructuring and has 857 staff.
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.
