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.
Financial Services Financial And Insurance Activities Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security 65 - Insurance, reinsurance and pension funding, except compulsory social security
120 jobs Number of planned job losses
Announcement Date
21 November 2013
Employment effect (start)
23 December 2013
Foreseen end date
31 December 2014
Description
Multinational insurance company Aviva is to cut 120 jobs in France by the end of 2014. This is part of a worldwide restructuring (see ERM Factsheet).
The management has concluded an agreement with labour unions that aims at reducing the workforce via natural attrition and a support scheme for personal projects.
The group employs about 3,300 staff in France.
Sources
21 November 2013: Les Echos
Citation
Eurofound (2013), Aviva, Internal restructuring in France, factsheet number 76258, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76258.
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.
