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.
Hotel / Restaurants Accommodation And Food Service Activities Accommodation 55.1 - Hotels and similar accommodation
211 jobs Number of planned job losses
Announcement Date
11 October 2013
Employment effect (start)
30 April 2014
Foreseen end date
Description
The luxury hotel Lutetia in Paris announced to cut its workforce by 211 by April 2014. This results from the decision to close the hotel for three years during comprehensive renovation works to upgrade the hotel facilities.
All staff are reported to having the chance to return to work after the renovation period. The social plan proposed by the management includes the offer to pay a 12% of gross salaries during the lay-off.
Unions have organized strikes and asked the group to fully maintain the job positions during renovations.
Sources
17 October 2013: Les Echos
11 October 2013: Nouvel Observateur
Citation
Eurofound (2013), Lutetia Hotel, Closure in France, factsheet number 76035, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76035.
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.
