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.
Utilities Water Supply; Sewerage, Waste Management And Remediation Activities Remediation Activities And Other Waste Management Services 39.00 - Remediation activities and other waste management services
124 jobs Number of planned job losses
Announcement Date
25 April 2018
Employment effect (start)
19 April 2018
Foreseen end date
19 April 2018
Description
At the beginning of April, the Commercial Court of Brest pronounced the liquidation of the Société d'isolation brestoise (SIB). The 124 employees were dismissed on 19 April. The job cuts affect several locations in Brittany including Brest, Rennes, Ploumagoar or Quéven. The main activity of the company was building asbestos removal. But the company lost its quality certification in December 2017 which resulted in contract losses. Employees criticised the poor management of the company affairs and think it led to its closure.
Sources
25 April 2018: Ouest France
Citation
Eurofound (2018), Société d'isolation brestoise (SIB), Bankruptcy in France, factsheet number 93973, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93973.
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.
