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.
The merger of the Dutch telecoms services provider Ziggo with the US telecoms company UPC is to result in 450 redundancies affecting employees on fixed-term contract and several hundreds employees on other temporary or external contracts are not to be renewed. The offices in Heerhugowaard, Rijswijk and Nijmegen will be closed.
Ziggo announced early in 2014 that it planned redundancies; in October it was announced that at least 900 jobs were to be cut. The job cuts would be over 1,000 according to the trade unions.
The union also expects that several hundreds of employees will resign due to longer commutes following the merger. Some 600 employees will have to travel over 80km to their work and Ziggo itself expects that 80% of them will resign.
.
Sources
16 October 2014: De Financiële Telegraaf
31 March 2015: nrc.nl
Citation
Eurofound (2014), Ziggo, Merger/Acquisition in Netherlands, factsheet number 83711, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/83711.
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.
