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.
Nord-Ovest; Valle d’Aosta/Vallée d’Aoste; Valle d’Aosta/Vallée d’Aoste
Location of affected unit(s)
Saint Vincent
Sector
Arts / Sports 92 - Gambling and betting activities 92 - Gambling and betting activities 92 - Gambling and betting activities
120 - 170 jobs Number of planned job losses
Announcement Date
10 March 2006
Employment effect (start)
Foreseen end date
Description
The Valle dAosta Region is the largest shareholder of the Casinò de la Vallée, one of the main European casinos. In March 2006, the Region announced a company reorganisation plan that envisages the shedding of 120 to 170 jobs. The decision has been taken in response to market dynamics and the aim is to reduce the labour costs. The Valle dAosta Region, before implementing the business plan, aims to reach an agreement with the trade unions on the measures that may cushion the effects of restructuring and redundancies, such as income support measures that do not involve outright dismissal, economic incentives for voluntary resignation, as well as training and retraining courses for the workers affected by the reorganisation process.
Sources
11 March 2006: La Stampa
Citation
Eurofound (2006), Casinò de la Vallée, Internal restructuring in Italy, factsheet number 63165, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63165.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...