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.
East Midlands; Leicestershire; Rutland and Northamptonshire
Location of affected unit(s)
Sector
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
50 jobs Number of planned job losses
Announcement Date
30 September 2009
Employment effect (start)
Foreseen end date
Description
Blacks Leisure, a retailer of outdoor goods, announced plans to cut 50 jobs from its 250 head office staff in Northampton. The cuts are part of a wider restructuring scheme which includes the closure of 89 loss-making stores. The company's surfwear division was also put into administration while Lloyds agreed to freeze its lending agreements until November 30. As of November 2009 no date has been given for the implementation of the cuts.
Sources
30 September 2009: Telegraph
Citation
Eurofound (2009), Blacks Leisure, Internal restructuring in United Kingdom, factsheet number 69832, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69832.
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.
