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.
On 8 June 2010 Malév Hungarian Airlines announced its restructuring plan for the next four years with up to 400 jobs threatened.
The strategy plan aims to remove one quarter of all employees, mainly by reducing the number of administrators. The airline also aims to renew onboard services, increase the number of destinations, increase the flight loads and reduce their airport fees.
More flight crew are to be employed even though salaries will be reduced as it is claimed that Hungarian pilots earn relatively more than the pilots in Western-Europe at the same level. The fleet now consists of 22 aircraft and will increase to 26 in 2012 and 27 in 2014.
The airline aims to gain a profit of 25 Millions Euro till the end of this period.
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.
