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.
Transportation / Storage Warehousing And Support Activities For Transportation, Postal And Courier Activities Postal And Courier Activities 53.20 - Other postal and courier activities
200 - 300 jobs Number of planned job losses
Announcement Date
6 February 2018
Employment effect (start)
1 May 2018
Foreseen end date
31 December 2018
Description
Newspaper distributor Presstalis, in great financial difficulty, plans to cut 200 to 300 jobs. Presstalis' CEO has announced an employment safeguard plan that could affect between 200 and 300 people. She added that this plan will be done on less favourable terms than in the past, as the company can no longer afford to finance a generous social plan. The announced cost of the social plan would be less than €25 million. Presstalis is the main distributor of the press in France: its services 4000 titles (75% of the French press) to 25,000 points of sale throughout the country. But its economic situation has been degrading for several years, despite successive bailouts by newspaper publishers and the State. The sharp decline in newspaper sales (especially daily newspapers) partly explains this crisis.
Sources
7 February 2018: La Croix
6 February 2018: Les Echos
Citation
Eurofound (2018), Presstalis, Internal restructuring in France, factsheet number 93234, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93234.
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.
