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 Via Stalls And Markets Or Other 47.91 - Retail sale via mail order houses or via Internet
70 jobs Number of planned job losses
Announcement Date
1 November 2022
Employment effect (start)
1 November 2022
Foreseen end date
Description
The Norwegian company for home delivery of food Oda will cut 70 jobs in its Global Group Services, or 18 % of the workforce of its 400 workers, and will merge departments to make operations more efficient. The downsizing is due to less capital investment than expected after the war in Ukraine, inflation and increased interest rates. The downsizing will mainly affect employees working on development and growth.
Despite the downsizing in Norway, Oda is expanding. The company started operating in Finland last year, and will launch its operations in Germany next year.
Eurofound (2022), Oda, Internal restructuring in Norway, factsheet number 107900, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/107900.
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.
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