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 Publishing Of Information; Production And Programming Of Audiovisual Publishing Activities 58.13 - Publishing Of Newspapers
118 jobs Number of planned job losses
Announcement Date
5 March 2024
Employment effect (start)
6 June 2024
Foreseen end date
Description
The French press group Sud Ouest (GSO), based in Bordeaux, has announced a redundancy plan involving 118 jobs. For the time being, this is a voluntary redundancy plan covering all departments of the company, from editorial to printing, with 25 journalists' jobs under threat, according to the National Union of Journalists (SNJ). According to the SNJ, in addition to staff cuts at the head office in Bordeaux (Gironde), management plans to close three branches in Oloron-Sainte-Marie and Orthez (Pyrénées-Atlantiques) and Sarlat (Dordogne). Voluntary departure plans have already been set up in 2012-2013 with 180 job cuts Sud-Ouest 2013 - FR and in 2019 with 132 job cuts Sud-Ouest 2019 - FR.
Sud-Ouest employs 720 people, including 250 journalists. The group, which this year celebrates the 80th anniversary of several of its titles (Sud-Ouest, la République des Pyrénées, Charente libre, etc.), has forecast a consolidated net profit of €907,000 in 2022, compared with €2.8 million in 2021, while Sapeso recorded a loss of €2.35 million.
Eurofound (2024), Sapeso, Internal restructuring in France, factsheet number 201138, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201138.
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.
