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.
Hotel / Restaurants Accommodation And Food Service Activities Food And Beverage Service Activities 56.1 - Restaurants and mobile food service activities
157 jobs Number of planned job losses
Announcement Date
30 March 2020
Employment effect (start)
20 February 2020
Foreseen end date
Description
Restaurant chain Amber Food dismissed around 157 employees in Kaunas in the period from 20 February 2020 to 30 March 2020. The main cause of the dismissals is the quarantine regime in Lithuania. To control the spread of coronavirus (COVID-19), the Lithuanian Government declared quarantine on the entire territory of the Republic of Lithuania as of 16 March 2020.
Earlier in January 2020, the company announced that consolidated turnover of the Amber Food Group reached €37 million in 2019, that is 10% higher compared to the previous year. The company had plans to invest €1.8 million and to open 9 new restaurants in Lithuania in 2020.
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.
