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.
Information / Communication Information Communication Services Telecommunications 61.20 - Wireless telecommunications activities
400 jobs Number of planned job losses
Announcement Date
14 May 2021
Employment effect (start)
1 July 2021
Foreseen end date
28 February 2022
Description
The Spanish subsidiary of the French telecommunications multinational Orange announced an employment adjustment plan implying the collective dismissal of 485 employees. In Spain, the operator has to continue investing in its fixed and mobile networks, but it is faced with strong competition on prices.
After France, Spain is Orange's second market.
Updated, 20/06/2021: Company and unions have held meetings to negotiate the terms of this plan, which have finally reached a pre-agreement to reduce the adjustment to 400 workers (12.5% of the workforce). Likewise, the pre-agreement establishes a progressive scale depending on the salary to establish the compensation for each affected worker.
The UGT union assures that the agreement is positive because the dismissals will be voluntary and improves the conditions agreed in the last collective dismissal plan in 2016.
Eurofound (2021), Orange, Internal restructuring in Spain, factsheet number 104960, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/104960.
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.
