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.
Administrative Services Rental And Leasing Activities Rental And Leasing Of Personal And Household Goods 77.21 - Rental And Leasing Of Recreational And Sports Goods
120 jobs Number of planned job losses
Announcement Date
15 February 2024
Employment effect (start)
15 August 2024
Foreseen end date
15 November 2024
Description
The Swedish electric scooter start-up Voi lays off 120 employees. This equals 12% of their workforce and will mainly affect office roles in the headquarters in Stockholm.
The layoffs are part of a new savings package due to Voi needing to reach higher profitability. The CEO claims that with these reductions and changes, the company will have reduced their central overhead costs by 50% since 2022.
During 2022, the company also made extensive staff reductions where they decreased the total workforce by 165 employees.
Voi is a Swedish micromobility company and was founded in 2018. They provide electric scooters and bikes in 100 cities in 12 countries. The headquarters in Stockholm employs around 1,000 people.
Eurofound (2024), Voi, Internal restructuring in Sweden, factsheet number 201213, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201213.
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.
