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 Postal And Courier Activities 53 - Postal and courier activities
98 jobs Number of planned job losses
Announcement Date
4 June 2021
Employment effect (start)
30 June 2021
Foreseen end date
Description
Brink's Solutions Belgium, a company specialised in the transportation of money or other valuables, has announced that it will decrease its workforce by 98 employees. The company has been faced with decreased turnover in recent years due to the reduction in cash payments. The current COVID-19 pandemic has made the company's situation increasingly difficult, as even less cash was spent due to lockdown measures across the country and the closing of shops especially in the sectors where cash was traditionally strong.
According to the trade union, the situation of affected employees is still not clear for the moment and the next meeting is planned on 9 June. Under the newly initiated Renault law, employees will be informed of the restructuring details via work councils.
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.
