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 - Publishing activities
147 jobs Number of planned job losses
Announcement Date
3 February 2009
Employment effect (start)
6 February 2009
Foreseen end date
6 March 2009
Description
On 3 February, local newspapers of Debrecen reported that Ygomi Europe Kft had started a mass redundancy scheme affecting 147 employees. The previous day, however, the company had refused to comment on the issue claiming that it would be illegal to do so until dismissals enter into force.
The company employs approximately 275 IT professionals; the 147 dismissals account for more than 50 % of the company's workforce. Those made redundant in the Hungarian centre may however find new jobs easier than others, as they all have university degree and expertise in IT.
The company is the European operational centre for Ygomi LLC with headquarters in Oak Brook (USA), a provider of innovative software and services.
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.
