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 47.1 - Retail sale in non-specialised stores
580 jobs Number of planned job losses
Announcement Date
15 February 2008
Employment effect (start)
1 August 2008
Foreseen end date
28 February 2011
Description
One of Ireland's largest retailers Arnotts - located in Dublin - plans to let go 580 of its 950 staff when it moves to a temporary home in August. Arnotts is moving to facilitate the redevelopment of its existing Henry Street store, part of the company's €1 billion 'Northern Quarter' redevelopment plan for Dublin's north city centre, which is expected to reopen in 2011. When finalised, the new development could employ up to 1,000 people. Union representatives are negotiating redundancy terms with Arnotts management.
Sources
16 February 2008: The Irish Times
Citation
Eurofound (2008), Arnotts, Other in Ireland, factsheet number 66322, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66322.
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.
