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.
Oulun yliopisto (University of Oulu) has announced redundancies of up to 130 persons among 1,700 staff. The university has initiated negotiations with employee representatives on the proposed cuts.
The university has approximately 3,100 employees of whom 1,700 are subject to redundancy talks. Out of them, up to 130 positions are to be cut. The university is seeking annual savings of €5.5 million, since it has recently lost €10 million of state budget funding. Redundancy negotiations focus on units that are expected to run a deficit. The talks are set to conclude on April 22 and the university could make decisions on redundancies in early May.
Sources
25 February 2014: YLE News
25 February 2014: University announcement
Citation
Eurofound (2014), Oulun yliopisto, Internal restructuring in Finland, factsheet number 76666, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76666.
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.
