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 Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Other Goods In Specialised Stores 47.75 - Retail sale of cosmetic and toilet articles in specialised stores
200 jobs Number of planned job losses
Announcement Date
10 March 2009
Employment effect (start)
1 April 2009
Foreseen end date
31 December 2009
Description
The cosmetic stores, DI, will close 34 stores overall in Belgium, resulting in lay offs for 200 employees. The DI stores are suffering from competition from other similar retailers, such as Kruidvat. The stores recorded a loss of 5.9 million Euro for 2008. The management want to revise the collective agreement negotiated with the trade unions, including the working conditions and wages, which are too high according to the management. The trade unions denounce problems in the management of the stores and the financial accounts of the company.
Eurofound (2009), DI, Internal restructuring in Belgium, factsheet number 68319, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68319.
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.
