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.
Transportation / Storage Land, Water And Air Transportation Land Transport And Transport Via Pipelines 49 - Land transport and transport via pipelines
4,000 jobs Number of planned job losses
Announcement Date
6 June 2003
Employment effect (start)
Foreseen end date
1 December 2004
Description
In June 2003, the SNCB, the Belgian railway company, announced a job reduction scheme, 'Move 2007', affecting 10,000 workers. After negotiations with trade unions, the SNCB announced in September 2003 that the 10,000 were not in the agenda anymore. However, the dialogue was broken between management and unions. In February 2004, an agreement was reached. 2,500 jobs will go by natural attrition. Incentives will be proposed in order to achieve 1,000 voluntary leaves. The objective is to reach 38,000 employees by 2005, instead of the 42,000 the SNCB formerly employed. In February 2004, the company employed 40,800 people.
Sources
6 June 2003: Les Echos
25 October 2003: Le Soir
28 October 2003: Les Echos
11 June 2003: Les Echos
Citation
Eurofound (2003), Société Nationale des Chemins de Fer Belges (SNCB), Internal restructuring in Belgium, factsheet number 59326, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59326.
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.
