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.
Administrative Services Travel Agency, Tour Operator And Other Reservation Service And Related Activities Travel Agency And Tour Operator Activities 79.11 - Travel agency activities
317 - 583 jobs Number of planned job losses
Announcement Date
17 June 2020
Employment effect (start)
1 September 2020
Foreseen end date
Description
The French subsidiary of the German tour operator TUI announced a reorganisation at a Social and Economic Committee (ESC) meeting that will lead to cut of 317 to 583 positions. This announcement is part of a global reorganisation announced by the group which aims to eliminate 8,000 positions worldwide.
According to the management, the project provides for the elimination of 317 posts, excluding the potential impact in the integrated branch network. In the event of the closure of these agencies, the impact would amount to 583 positions.
The employees of the tour operator, number one in Europe, are on short-time working since mid-March until mid-September. The Group has approximately 850 employees with permanent contracts in France.
Eurofound (2020), TUI, Internal restructuring in France, factsheet number 100930, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/100930.
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.
