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.
Falkenberg, Landvetter, Norrahammar, Södertälje, Vimmerby, Västerås, Göteborg and other locations
Sector
Manufacturing Manufacture, Printing And Reproduction Of Recorded Media Printing And Reproduction Of Recorded Media 18.1 - Printing and service activities related to printing
134 jobs Number of planned job losses
Announcement Date
17 November 2016
Employment effect (start)
Foreseen end date
Description
Swedish publishing group Stampen is cutting 100 jobs within its printing company V-TAB. In addition, Stampen is cutting 34 positions within its media business, including 14 editorial positions, 16 positions within media services and 4 graphic design positions. Stampen has been going through a company reconstruction during the spring of 2016 and the company has large debts and diminishing revenue. The 34 redundancies within the media business is expected to save SEK 25 million (€2.6 million) annually. The redundancies within the printing and distribution section of Stampen is a direct effect of diminishing demand of printed media and therefore diminishing revenue. Of the 100 positions to be cut within Stampens printing company V-TAB, 45 will be cut during the spring of 2017 and the remaining 55 during the following autumn. The Stampen group has a total of 2,807 employees.
Sources
17 November 2016: Expressen
25 November 2016: Expressen
Citation
Eurofound (2016), Stampen (V-TAB), Internal restructuring in Sweden, factsheet number 89279, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/89279.
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.
