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 Wholesale Trade, Except Of Motor Vehicles And Motorcycles Wholesale On A Fee Or Contract Basis 46.14 - Agents involved in the sale of machinery, industrial equipment, ships and aircraft
65 jobs Number of planned job losses
Announcement Date
24 November 2010
Employment effect (start)
Foreseen end date
Description
On 24 November Tetterode, supplier of printing presses and related products and services, announced it will cut 65 out of 415 jobs in the Benelux. Background is the dramatic loss of turnover since the outbreak of the crisis. Many printing companies went bankrupt and banks are hesitant to supply loans. Furtnermore, new competitors from Eastern Europe have recently emerged .
Sources
25 November 2010: Het Financieele Dagblad
Citation
Eurofound (2010), Tetterode, Internal restructuring in European Union, factsheet number 71355, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71355.
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.
