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.
Wholesale / Retail Retail trade Retail sale of other goods, except motor vehicles and motorcycles 47.75 - Retail sale of cosmetic and toilet articles
113 jobs Number of planned job losses
Announcement Date
21 March 2014
Employment effect (start)
Foreseen end date
Description
Perfume and jewellery retail chain Douglas announced to cut 113 full-time jobs in Germany. Affected are the holding's perfumery and the sales department of its jewellery stores Christ. 59 jobs will be cut at the headquarters in Hagen (Germany). Names of other locations affected were not released. The company did not announce a timeline for the job cuts.
Douglas’s restructuring is attributed to structural changes in the retail industry, increasing e-commerce and changes in customer behaviour.
In total, Douglas employs around 24,000 staff worldwide.
Sources
21 March 2014: Der Westen
Citation
Eurofound (2014), Douglas, Internal restructuring in Germany, factsheet number 76770, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76770.
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.
