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.
Nord Ovest; Valle d\'Aosta/Vallée d\'Aoste; Valle d\'Aosta/Vallée d\'Aoste
Location of affected unit(s)
Saint Vincent
Sector
Arts / Entertainment Arts, Entertainment And Culture Gambling And Betting Activities 92 - Gambling and betting activities
275 jobs Number of planned job losses
Announcement Date
4 December 2018
Employment effect (start)
Foreseen end date
5 December 2018
Description
Casinò de la Vallée, the company which manages Saint-Vincent's Casinò, sent 168 dismissal letters to start the procedure for the collective dismissal of 168 employees. The company's CEO also announced that 107 fixed term contracts will not be renewed.
Casinò de la Vallée has been in a crisis situation for several years and the restructuring plan aims at improving its economic stance and avoid bankruptcy.
Workers and their trade unions decided not to go on strike in order not to impair the company's revenues, but to organise a sit-in in front of the building of the regional administration.
Sources
Citation
Eurofound (2018), Casinò de la Vallée, Internal restructuring in Italy, factsheet number 96002, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/96002.
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.
