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 Information And Communication Equipment In Specialised Stores 47.42 - Retail sale of telecommunications equipment in specialised stores
486 jobs Number of planned job losses
Announcement Date
21 April 2021
Employment effect (start)
21 April 2021
Foreseen end date
Description
UK-based Mobile retail company Carphone Warehouse is to close all of its stores in Ireland, including 12 stores-within-a-store and 69 standalone outlets. A total of 486 people will lose their jobs as a result of the closures. The decision is expected to take place in recent days. Staff have already been informed and the company's website has been shut down.
The closure follows the business’s decision to close all standalone Carphone Warehouse stores in the UK in 2020. The closre is partly driven by the decreased demand. According to the company's statement, they have seen footfall down 40% as customers are changing their beahviour of buying mobile devices and connectivity plan, such as replacing their handsets less often and buying them as part of more flexible bundles.
Eurofound (2021), Carphone Warehouse, Closure in Ireland, factsheet number 104727, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/104727.
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.
