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.
Information / Communication Publishing Of Information; Production And Programming Of Audiovisual Publishing Activities 58.13 - Publishing of newspapers
180 jobs Number of planned job losses
Announcement Date
9 November 2012
Employment effect (start)
1 January 2013
Foreseen end date
31 December 2013
Description
On 9 November 2012, the media company Sud-Ouest announced its intention to cut 180 out of 1100 jobs in 2013 in the framework of a restructuring plan.
The job cuts will be implemented through a voluntary departure plan affecting mainly the printing (64 positions), pre-press (59) and writing (34) divisions. CGT and SNJ unions went on strike on the 9th and Sud Ouest newspaper was not circulated the following day.
The group publishes 600,000 issues of its 8 regional newspapers every day. It is currently 14 million euro in debt (largely due to the takeover of Midi Libre in early 2008), with predicted losses of 3 million euro for 2012 due to a decrease in readership (-2%) and advertising (-5,5%). According to the management the reorganization is a matter of survival for the company and most of their competitors have already implemented their restructuring plans. The plan aims to save 12 million on operating costs and prepare the company for a merger in 2020 with other media or Internet groups.
Sources
11 November 2012: La Croix
Citation
Eurofound (2012), Sud-Ouest, Internal restructuring in France, factsheet number 74491, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74491.
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.
