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.
Manufacturing Manufacture Of Food And Beverage Manufacture Of Food Products 10.71 - Manufacture of bread; manufacture of fresh pastry goods and cakes
100 jobs Number of planned job losses
Announcement Date
30 January 2013
Employment effect (start)
Foreseen end date
Description
Pågen, a Swedish bakery company, is to let go of 100 employees mainly in Malmö and Gothenburg in an effort to improve profitability. The reductions are distributed on 50 jobs in Malmö, 30 in Gothenburg and 20 within the sales division across the country. Both white collar and blue collar jobs will be lost.
Pågen is a family owned company with a long history in Sweden. The turnover is approximately SEK2.3 billion (€267 million), but revenues have been low the last two years, prompting the restructuring.
Negotiations with the unions are to begin in the coming weeks.
Eurofound (2013), Pågen, Internal restructuring in Sweden, factsheet number 74853, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74853.
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.
