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.
South East; Hampshire and Isle of Wight; Southampton
Location of affected unit(s)
Sector
Public Administration And Defence Public Administration And Defence; Compulsory Social Security Public Administration And Defence; Compulsory Social Security 84 - Public administration and defence; compulsory social security
180 jobs Number of planned job losses
Announcement Date
7 October 2009
Employment effect (start)
Foreseen end date
Description
Mapping agency Ordnance Survey has announced that 180 staff will take voluntary redundancy as part of a cost cutting exercise. The cuts are part of a plan to reduce costs by 5% per annum for the next 5 years. Whilst the company is wholly government owned, it runs as a commercial business receiving no money from taxpayers. No date for redundancies has been confirmed, though the company notified workers that have successfully applied for redundancy last week.
Sources
7 October 2009: BBC Website
Citation
Eurofound (2009), Ordnance Survey, Internal restructuring in United Kingdom, factsheet number 69682, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69682.
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.
