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.
GetJet Airlines, an aircraft leasing and chartering company, is to dismiss all 370 employees in Vilnius. Such information was provided by the Lithuanian Employment Service on 16 March 2020. The main cause of the dismissals is the quarantine regime in Lithuania and other countries. To control the spread of coronavirus (COVID-19), many countries declared quarantine as of mid-March 2020.
The company started its activity in 2016 with its headquarters in Vilnius. The company operated on behalf of international airlines such as LOT Polish Airlines, Finnair, TUIfly, Air Malta, Tunisair and others. The company also operated chartered flights for tour operators in the Baltic countries. The company serviced more than 170 airports in 50 countries worldwide.
Eurofound (2020), GetJet Airlines, Closure in Lithuania, factsheet number 100123, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/100123.
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.
