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 Service Activities Digital Infrastructure Services 63.1 - Data Processing, Hosting And Related Activities; Web Portals
250 jobs Number of planned job losses
Announcement Date
18 June 2024
Employment effect (start)
18 June 2024
Foreseen end date
30 September 2024
Description
Norwegian online marketplaces company Schibsted Marketplaces, a subsidiary of Schibsted, has announced that it will cut 250 jobs worldwide.
The layoffs will affect jobs in Norway, Sweden, Finland, and Denmark until the end of September 2024. The conditions of the programme will be negotiated with employee representatives according to local regulations.
In 2023, Schibsted announced that it would be split into two: the news media in Stiftelsen Tinius and the remaining business, Schibsted Marketplaces, which will be focused on its four core verticals: mobility, real estate, jobs and recommerce. Under the restructuring programme, the company is to build a simpler and more cost-effective organisation.
Schibsted Marketplaces operates online marketplaces in Norway, Sweden, Finland and Denmark.
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.
