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.
Retail Wholesale Trade, Except Of Motor Vehicles And Motorcycles Wholesale Trade, Except Of Motor Vehicles And Motorcycles 46 - Wholesale trade, except of motor vehicles and motorcycles
1,300 - 1,500 jobs Number of planned job losses
Announcement Date
26 November 2002
Employment effect (start)
1 November 2002
Foreseen end date
1 May 2003
Description
Koninklijke Wessanen is a multinational food company based in the Netherlands which operates in the European, American and Canadian markets.
A first wave of redundancies (400) was announced in February 2002, a second one in August 2002 (400).
Wessanen reduced earlier than foreseen the workforce of its branch, Tree of Life North America, by 300 employees.
In August 2003, the reorganisation plan 'Phoenix' could lead to the suppression of 500 to 700 jobs above the 300 axed at Tree of Life North America.
In October 2003, 84 jobs were shed in Belgium : production of the Convenience Food Groep is concentrated in Bocholt, stopped in Essen.
In December 2003, some 95 jobs are to be axed at Tree of Life Europe. Between 35 and 55 in belgium and some 40 in the Netherlands. This measure is part of the Phoenix restructuring plan.
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.
