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.
Transportation / Storage Land, Water And Air Transportation Land Transport And Transport Via Pipelines 49 - Land transport and transport via pipelines
2,500 jobs Number of planned job losses
Announcement Date
28 January 2006
Employment effect (start)
1 February 2006
Foreseen end date
31 December 2010
Description
The ADIF Consortium is one of the two companies in which the government divided the Renfe Consortium after the liberalization of the railways sector. On 28 January 2006, ADIF presented a job reduction plan concerning the loss of 2,500 jobs. Management announced that 2,100 of the affected employees will be offered early retirement. Negotiations are to be held with labour representatives within the next 15 days in order to reach an agreement. The cuts are expected to take place by the end of 2009. In April 2007 ADIF announced that it had received public funds for the construction and modernisation of railways up until 2010. The contract with the public administration will involve an Employment Restructuring Programme in order to help the company obtain profits from 2008 onwards. As announced in 2006, this plan will affect 2,500 employees by the end of 2010.
Sources
13 April 2007: Cinco Días
28 January 2006: El País
Citation
Eurofound (2006), ADIF, Internal restructuring in Spain, factsheet number 62859, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62859.
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.
