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 In Non-Specialised Stores 47.19 - Other retail sale in non-specialised stores
1,300 jobs Number of planned job losses
Announcement Date
12 May 2004
Employment effect (start)
Foreseen end date
Description
Laurus, the second wholesale trade group in the Netherlands after Ahold, announced in May 2004 a cost-saving programme including the redundancy of 1,300 people in its Edah (750 job cuts), Super De Boer (300) and Konmar (240) stores. This is a necessary reaction to the war of prices in the great distribution market, as Lauruss sales have decreased by 10.5% during the last year. The group has already sold its Belgian stores to Carrefour and Colruyt, and had sold its Spanish stores in 2002.
Sources
12 May 2004: Les Echos
12 May 2004: La Tribune
Citation
Eurofound (2004), Laurus, Internal restructuring in Netherlands, factsheet number 60457, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60457.
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.
