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.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26.51 - Manufacture of instruments and appliances for measuring, testing and navigation
122 jobs Number of planned job losses
Announcement Date
28 March 2017
Employment effect (start)
15 June 2017
Foreseen end date
Description
Global oilfield services provider Schlumberger is to cut 120 jobs in its subsidiary EPS at Clamart (Haut-de-Seine) out of a total workforce of 636 employees. In 2015, a previous reorganisation has affected the same site and the site of Abbeville with an announcement of 120 job reductions that led to 92 job cuts in the site of Clamart.
On 28 March, about 200 employees have participated in a demonstration organised by the four representative unions to denounce this new job cuts. The cuts come in response to falling profits, which the company has blamed on falling crude oil prices and the resulting decline in extraction activities. Its global turnover dropped of 42% between 2014 and 2016. There is no information about the number of direct dismissal and schedule as these points are part of the negotiation with unions.
Sources
28 March 2017: Le Parisien
29 March 2017: Defense92
Citation
Eurofound (2017), Etudes et productions Schlumberger (EPS), Internal restructuring in France, factsheet number 90627, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90627.
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.
