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.
Financial Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64.9 - Other Financial Service Activities, Except Insurance And Pension Funding
No information on job gains number available
Announcement Date
23 March 2018
Employment effect (start)
Foreseen end date
Description
Axactor is a credit management company based in Norway. In March 2018, the company announced the relocation of its registered office from Stockholm to Oslo.The relocation was aimed to the reduction of the administrative costs and the improvement in efficiency. The executive board already approved the decision that will be implemented after the final approval by the shareholders general meeting scheduled on next October 17.
Eurofound (2018), Axactor, Reshoring in Norway, factsheet number 15, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/15.
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.
