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.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62.02 - Computer consultancy activities
European Globalisation Fund (EGF)
Year: 2015, Case number: 5
270 jobs Number of planned job losses
Announcement Date
25 September 2014
Employment effect (start)
1 January 2015
Foreseen end date
Description
The Finnish branch of the global IT- and software consultancy firm CGI announced plans to cut up to 350 jobs. As reported, the co-determination procedure was launched and the job reduction measure will start taking place by the end of 2014.
The restructuring is explained by the general economic situation with slow growth in the IT- and software consultancy sector and the high competition.
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.
