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 Warehousing And Support Activities For Transportation, Postal And Courier Activities Postal And Courier Activities 53 - Postal and courier activities
108 jobs Number of planned job losses
Announcement Date
27 May 2008
Employment effect (start)
Foreseen end date
31 August 2008
Description
Mail and information logistics company Itella (former Post of Finland) is cutting its work force by 108 employees. Some third of the employees will be laid off from the manual post services units. The cuts concern manual post service units in Oulu and Kuopio. Both units will be shut down by end of August 2008. The rest of the dismissals concern Helsinki, Espoo and Vantaa units.
From 1st of June 2006, Finland Post Corporation changed its name to Itella Corporation and the Group changed the name to Itella Group. The reason for the new name's adoption was in the Group's more diversified and internationalised business operations: a wider range of logistics and information logistics services now supplements postal operations. In addition to Finland, Itella Group operates in eight northern European countries and a quarter of its net sales come from international operations.
Itella Group employs some 25 000 employees.
Sources
28 May 2008: Kauppalehti
Citation
Eurofound (2008), Itella, Internal restructuring in Finland, factsheet number 66664, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66664.
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.
