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.
Utilities Electricity, Gas, Steam And Air Conditioning Supply Electricity, Gas, Steam And Air Conditioning Supply 35 - Electricity, gas, steam and air conditioning supply
120 jobs Number of planned job losses
Announcement Date
7 March 2013
Employment effect (start)
1 October 2014
Foreseen end date
31 December 2015
Description
A2A, an Italian utility company, is to cut 400 jobs (out of 11,800). According to the company, the job-cuts are due both to the negative effects of the economic crisis on the electric sector and to the ending processes of the merger between the former municipal companies of Milan (AEM and AMSA) and Brescia (ASM) that was formalised in 2008.
The company envisages economic incentives and early retirement programs for redundant workers. Moreover the company has provided the resource to Wage Guarantee Fund schemes on rotation basis for the workers employed in its power stations.
Update 23/05/2014: On 23 May, A2A and trade unions signed an agreement to reduce the number of proposed layoffs. According to the source, a maximum of 120 employees will take early retirement by December 2015. The source also reports that the remaining employees will continue to benefit from a wages guarantee and solidarity contracts and the company will support their relocation within the group. Additionally, the agreement will also see the company hire 30 graduates over the next two years.
Sources
23 May 2014: Ansa
13 March 2013: BresciaToday
8 March 2013: Il Sole 24 Ore
23 May 2014: CiaoComo
Citation
Eurofound (2013), A2A, Internal restructuring in Italy, factsheet number 75063, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75063.
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.
