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.
KPN focuses on three core activities in three countries: the Netherlands (fixed network, mobile, IP/data), Belgium (mobile, IP/data) and Germany (mobile). In October 2003, KPN announced that the company would suppress a few hundred jobs in the coming months and years in the fixed network division. Due to the competition in the sector KPN has to constantly reduce its costs. In 2001 the biggest mass dismissal that ever took place in the Netherlands was the axing of some 4,500 KPN employees. According to KPN, this restructuring is still a consequence of that event. January 2004. KPN has specified the number of dismissals: 800. Around 300 marketing and sales jobs at the company's headquarter will go as part of a compulsory redundancy scheme. The rest will be lost through natural attrition. In March 2004, KPN axed 200 jobs in Belgium, through its subsidiary Base.
Sources
31 October 2003: Het Financieele Dagblad
22 January 2004: KPN - Press release
30 October 2003: NRC Handelsblad
22 January 2004: NRC Handelsblad
Citation
Eurofound (2003), Royal KPN, Internal restructuring in European Union, factsheet number 59961, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59961.
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.
