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 And Retail Trade And Repair Of Motor Vehicles And Motorcycles Wholesale And Retail Trade And Repair Of Motor Vehicles And Motorcycles 45 - Wholesale and retail trade and repair of motor vehicles and motorcycles
70 jobs Number of planned job losses
Announcement Date
31 October 2006
Employment effect (start)
28 December 2006
Foreseen end date
Description
Reagroup Belgium, a subsidiary distribution company of the French car manufacturer Renault, announced on 31 October 2006 its plans to implement a restructuring plan which will affect approximately 70 members of the staff.
According to the management of the firm, Reagroup is facing operating losses. The purpose of the plan is to help the company break even in 2007 and to make a profit in 2008.
Sources
2 November 2006: L'Echo
31 October 2006: Het Nieuwsblad
31 October 2006: De Standaard
Citation
Eurofound (2006), Reagroup, Internal restructuring in Belgium, factsheet number 64359, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64359.
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.
