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 56.30 - Beverage serving activities
500 jobs Number of planned job losses
Announcement Date
30 September 2020
Employment effect (start)
15 November 2020
Foreseen end date
Description
Fuller, Smith & Turner, the British hospitality company, which owns the Fuller’s pub chain, has announced plans to cut 500 jobs, 10% of its workforce in city centre locations across London and the south east of England. The announcement came after restrictions on pubs and restaurants had been announced in anticipation of a second spike in coronavirus infections.
The company’s chief executive said the job cuts were 'inevitable' and criticised the UK government for making decisions that had a negative effect on pubs, restaurants and hotels.
The company owns and manages 400 pubs and hotels in the UK, with many of them located in London. British hospitality businesses JD Wetherspoon and Whitbread have also announced job cuts recently.
Eurofound (2020), Fuller, Smith & Turner, Internal restructuring in United Kingdom, factsheet number 102110, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/102110.
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.
