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 63.11 - Data Processing, Hosting And Related Activities
260 jobs Number of planned job losses
Announcement Date
8 September 2024
Employment effect (start)
8 September 2024
Foreseen end date
Description
The Dutch firm WeTransfer has announced a restructuring programme, including the loss of 260 jobs.
The Italian company Bending Spoons recently acquired We Transfer. The new CEO, Luca Ferrari, announced that 260 jobs will cut, which is around 75% of the total 350 jobs. According to the CEO, if WeTransfer was smaller and more focused, it could operate better on a long term basis. However, there was no stress situation within the company prior to the announcement. The employees in Amsterdam expected the job cuts, but did not expect that 260 jobs would be cut. It is unknown which jobs exactly will be cut, and from which unit they are.
WeTransfer is a tech company that allows users to send big files. WeTransfer operates mainly in Amsterdam, but also in locations in the UK and the USA.
Eurofound (2024), WeTransfer, Merger/Acquisition in Netherlands, factsheet number 201724, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201724.
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.
