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.
Information / Communication Information Service Activities Information Service Activities 63 - Information service activities
90 jobs Number of planned job losses
Announcement Date
12 October 2016
Employment effect (start)
12 December 2016
Foreseen end date
Description
Finnish government ICT centre Valtori has initiated employer-employee negotiations aiming to cut 90 jobs. The aim of the internal restructuring is to increase the centre's efficiency and the dissemination of services produced by the centre. The goal is to make the organisation more customer oriented. The Finnish government is planning on saving €47 million annually from 2018 onwards on ICT-activities. Valtori ICT centre currently has 770 employees at 36 different locations in Finland. As of October 2016, it is not known when the job losses will be implemented by.
UPDATE 16/12/2016:Following concluded employer-employee negotiations the number of possible redundancies i still set at 90 employees. The restructuring will mainly be carried out during the first half of 2017 and the final number of jobs cut may be adjust during the process.
Sources
12 October 2016: Tivi
9 December 2016: Tivi
Citation
Eurofound (2016), Valtori, Internal restructuring in Finland, factsheet number 88968, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88968.
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.
