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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Cultural And Recreation Goods In Specialised Stores 47.64 - Retail sale of sporting equipment in specialised stores
55 jobs Number of planned job losses
Announcement Date
15 March 2020
Employment effect (start)
15 March 2020
Foreseen end date
1 April 2020
Description
Retailer Sportland LT selling sporting equipment in Lithuania dismissed around 55 employees in Vilnius in the period from 15 March 2020 to 1 April 2020. The number of employees in the company decreased from 373 to 318. 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.
Sportland LT belongs to the Sportland International Group which owns 80 stores in the Baltic States.
According to the Employment Service, since the beginning of the quarantine regime, the number of employees in Lithuania has already decreased by more than 8 thousand.
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.
