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.
Accommodation / Food 55 - Accommodation 55.1 - Hotels and similar accommodation 55.10 - Hotels and similar accommodation
145 jobs Number of planned job losses
Announcement Date
20 November 2025
Employment effect (start)
20 November 2025
Foreseen end date
Description
The Bombay Group, which recently opened a luxury hotel and casino in Tallinn's Old Town, announced the layoff of at least 145 people due to internal restructuring. The redundancies will affect staff across the group’s hotels, restaurants, the casino, and office functions.
According to the company representative, the hotel, restaurant and entertainment complex, which cost around €100 million, has grown to nearly 500 employees over the past two years. According to Maarja Pärt, a member of the Yolo Group's supervisory board, during the rapid development phase, many processes were duplicated to ensure a successful start for the business. Now that the business has completely established itself, it was time for restructuring to increase efficiency and turn to profits.
Yolo Group, the group that Bombay belongs to, laid off 280 people only a few months ago also due to internal restructuring and a change in their business model.
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.
