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.
Transportation / Storage Warehousing And Support Activities For Transportation, Postal And Courier Activities Warehousing And Support Activities For Transportation 52.23 - Service activities incidental to air transportation
155 jobs Number of planned job losses
Announcement Date
26 March 2020
Employment effect (start)
26 March 2020
Foreseen end date
26 March 2020
Description
Menzies Aviation, which deals with baggage handling at Copenhagen airport, has laid off 155 employees due to the Corona-crisis. Menzies initially requested that employees take a 40 percent salary reduction, but soon realized that it needed to lay off staff. Commercial activity in the company has fallen by 90 percent as a result of the crisis. The company hopes to rehire some of the staff when and if things get back to normal. Besides the lay off of 155 employees another 200 have been sent home without salary.
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.
