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 Via Stalls And Markets Or Other 47.91 - Retail sale via mail order houses or via Internet
150 - 250 jobs Number of planned job losses
Announcement Date
20 July 2015
Employment effect (start)
20 July 2015
Foreseen end date
31 December 2015
Description
UNISTER, a German e-commerce company, will cut 150 jobs immediately and is to cut further 100 jobs in the medium term. In light of the implementation of an income optimisation programme, which is called “Unister 3.0”, the company is aiming to achieve savings of €30 million mainly through saving costs in areas with limited growth prospects. With this programme, the company is also aiming to reduce its stuff numbers by 25%.
Unister is a German e- commerce company which is headquartered in Leipzig. The company was founded in 2002 and currently has around 1,500 employees . Although Unister, the operator of online travel portals like Ab-in-den-Urlaub.de or Fluege.de, already cut 200 jobs last year. According to the press statement of Unister, a total of 100 of its employees are prepared to sign a termination agreement, while 50 employees already agreed to leave the company. Furthermore, around 100 jobs will be reduced additionally via natural fluctuation in the midterm.
Sources
17 July 2015: MDR Online
20 July 2015: Die Welt Online
Citation
Eurofound (2015), Unister, Internal restructuring in Germany, factsheet number 84766, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/84766.
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.
