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 Trade, Except Of Motor Vehicles And Motorcycles 47 - Retail trade, except of motor vehicles and motorcycles
135 jobs Number of planned job losses
90 jobs Number of planned job creations
Announcement Date
5 March 2007
Employment effect (start)
1 June 2007
Foreseen end date
31 August 2007
Description
On 5 March 2007 RNB announced that the retail chain JC will move its head office from Mölnlycke outside Gothenburg to RNB’s premises in Stockholm. Consequently 135 employees at the Gothenburg office will be made redundant and 90 new jobs will be created in Stockholm, which the employees at the Gothenburg office can reapply for.
In 2006, RNB (Retail and Brands) acquired the retail chain JC.
The move of JC's head office is expected to generate a yearly profit of 120 million SEK since the activities of RNB and JC can be better coordinated. RNB is a fashion and clothing company with several concepts targeting different consumer groups. JC targets young men and women aged between 14-25.
Sources
6 March 2007: RNB (press release)
6 March 2007: Svenska Dagbladet
Citation
Eurofound (2007), JC, Relocation in Sweden, factsheet number 65052, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65052.
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.
