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.
Other Services Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles 95 - Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
250 jobs Number of planned job losses
Announcement Date
23 August 2003
Employment effect (start)
1 January 2003
Foreseen end date
1 August 2003
Description
Since January of 2003, the Group Entreposto fired 250 workers through agreements of resignation, collective dismissal and not renewal of a fixed-term contract. The reason is the crisis of the sector automobile in Portugal.
Sources
23 August 2003: Diário de Notícias
Citation
Eurofound (2003), Entreposto, Internal restructuring in Portugal, factsheet number 58903, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/58903.
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.
