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.
Public Administration And Defence Public Administration And Defence; Compulsory Social Security Provision Of Services To The Community As A Whole 84.22 - Defence activities
800 - 1,000 jobs Number of planned job losses
Announcement Date
5 November 2013
Employment effect (start)
30 November 2013
Foreseen end date
31 January 2014
Description
The Greek government plans to cut 800-1,000 jobs from the state-owned EAS, ELVO and LARCO.
As reported, the restructuring of the defence industries Hellenic Defence Systems (EAS) and Hellenic Vehicle Industry (ELVO) as well as of the General Mining & Metallurgical Company (LARCO) was high on the agenda at the last meeting hosted by the Greek Ministry of Finance with the representatives of Troika in Athens.
According to the sources, the plans till now envisages the restructuring of EAS and ELVO and the operation of only one warehouse among them and the privatisation of LARCO.
As announced, the term set by the Greek side is that these dismissals should be considered as part of the previously agreed plan envisaging [4,000 job cuts in the public sector by the end of 2013](https://apps.eurofound.europa.eu/restructuring-events/detail/75674.
Sources
5 November 2013: Kathimerini
5 November 2013: Ethnos
5 November 2013: Imerisia
Citation
Eurofound (2013), Public Sector, Internal restructuring in Greece, factsheet number 76142, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76142.
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.
