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.
On 21 September 2008, the Greek Minister of Transport announced that 49% of the shares of Olympic Airlines - the Greek air transport company - will be sold to a new investor by the end of the year. The company's brand name will not be changed and a voluntary exit program will be applied to 2,745 employees.
In 2007, Olympic Airlines announced the loss of 4,000 to 4,500 jobs across Greece. Olympic Airlines employs 9,000, and the restructuring is due to financial problems that the company is experiencing. The job losses will affect staff on fixed-term contracts and are to be implemented by the end of August 2008.
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.
