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 Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62.01 - Computer Programming Activities
400 jobs Number of planned job losses
Announcement Date
20 November 2024
Employment effect (start)
1 January 2025
Foreseen end date
31 January 2025
Description
US-based company, Amazon announced that the operations of the artificial intelligence department will be closed in Romania. The company announced that 400 persons will be laid off. The AGI Data Services team in Romania manages and validates data to power Amazon's artificial intelligence models and applications.
The amount of compensation paid by the company to those made redundant is now being negotiated. Employees are striving for more severance pay, though there is no provision for it in the collective agreement.
One of the company’s spokespeople announced that the employees whose roles will be affected were announced. The company is committed to support its employees through the transition process.
Eurofound (2024), Amazon, Internal restructuring in Romania, factsheet number 202059, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/202059.
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.
