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 Of Cultural And Recreation Goods In Specialised Stores 47.64 - Retail sale of sporting equipment in specialised stores
140 jobs Number of planned job losses
Announcement Date
8 March 2013
Employment effect (start)
Foreseen end date
Description
Usports, a Swedish sporting goods retailer, has filed for bankruptcy and will let go of approximately 140 employees in Malmö, Västerås, Sundsvall and Solna.
The sporting goods chain has only been in business for 16 months. It has three stores in Malmö, Västerås and Sundsvall. Usports headquarter is located in Solna, where 15 people will be layed-off.
As of March 2013, there is no information about when the employment adjustments will start taking effect or when they will be implemented by.
Sources
8 March 2013: Dagens Industri
Citation
Eurofound (2013), Usports, Bankruptcy in Sweden, factsheet number 75041, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75041.
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.
