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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Other Goods In Specialised Stores 47.71 - Retail sale of clothing in specialised stores
316 jobs Number of planned job creations
Announcement Date
24 February 2015
Employment effect (start)
1 January 2016
Foreseen end date
31 December 2016
Description
The large retail firm, Penneys, is creating 280 new jobs with the opening of a new store in Liffey Valley shopping centre. The Liffey Valley store is expected to open in 2016. It also adding 36 new positions to its existing Jervis St. store, which is undergoing investment.
The company is, however, closing its store in Naas, Co Kildare, affecting 22 employees. These staff are to be offered redeployment opportunities other Penneys stores.
The company, one of the largest employers in the industry, already employs around 3,550 people.
Sources
25 February 2015: Irish Independent
Citation
Eurofound (2015), Penneys, Business expansion in Ireland, factsheet number 78556, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78556.
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.
