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.
Information / Communication Publishing Of Information; Production And Programming Of Audiovisual Publishing Activities 58.13 - Publishing of newspapers
95 - 130 jobs Number of planned job losses
Announcement Date
20 September 2006
Employment effect (start)
2 October 2006
Foreseen end date
1 February 2007
Description
The local newspaper 'Le Progrès' announced on 20 September 2006 that 130 jobs are to be cut between October 2006 and February 2007. The job losses will take place as follows: 35 in Saint-Etienne (Loire) and 95 in Chassieu (the Rhone). The CEO announced that 35 workers would be pre-retired.
Back in spring 2006, after the acquisition of the newspaper by the Ebra group, the CEO already announced the intention to cut jobs due to financial difficulties.
Sources
21 September 2006: Agence France Presse
20 September 2006: La Tribune
20 September 2006: La Croix
Citation
Eurofound (2006), Le Progrès, Merger/Acquisition in France, factsheet number 64100, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64100.
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.
