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 Other Reservation Service And Related Activities 79.9 - Other reservation service and related activities
101 jobs Number of planned job losses
Announcement Date
2 August 2020
Employment effect (start)
2 August 2020
Foreseen end date
31 August 2020
Description
Tumlare Corporation Estonia, a subsidiary of the Danish company Tumlare, providing support services to the group, announced a dismissal of 101 employees. There is no information about the reasons behind the restructuring available. However, as Tumlare is active in tourism sector by helping its customers to plan their trips and travels (e.g. finding accommodation, transport, catering, guides and other services), it can be assumed that the layoffs are related to the COVID-19 pandemic and its containment measures, which strongly affect the tourism sector.
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.
