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.
Lithuanian temporary employment agency RJF Baltic will dismiss 102 employees in Klaipeda at the beginning of 2018. The main cause of the dismissals is the bankruptcy of the company that was announced by the Department of Enterprise Bankruptcy Management under the Ministry of Economy of the Republic of Lithuania on 11 October 2017. The company is currently undergoing bankruptcy procedures and has already handed out layoff notices to all 102 employees. The Lithuanian Labour Exchange will develop a special prevention program for the dismissed employees to facilitate their integration in the labour market.
Sources
4 January 2018: 15min.lt
27 December 2017: Lithuanian Labour Exchange
Citation
Eurofound (2017), RJF Baltic, Bankruptcy in Lithuania, factsheet number 92942, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/92942.
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.
