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.
Administrative Services Office Administrative, Office Support And Other Business Support Activities Business Support Service Activities N.E.C. 82.91 - Activities of collection agencies and credit bureaus
449 jobs Number of planned job losses
Announcement Date
20 March 2018
Employment effect (start)
Foreseen end date
Description
The Norwegian multinational Lindorff (dedicated to the recovery of debts and unpaid credits generated within the financial system) has announced the proposed number of dismissed workers for an upcoming restructuring: 449 workers throughout Spain, of which 147 are employed in La Cistérniga centre (Valladolid). The restructuring is due to organisational reasons, result of the recent merger processes with Aktua and the Swedish company Intrum Justitia.
The social partners have 30 days to negotiate the terms of the dismissals. The Union CGT points out that in a performing company such as Lindorff a collective dismissal of this scope to improve competitiveness levels is unjustified. The Union requires additional relevant documentation to analyze the reasons behind the planned dismissals.
Sources
20 March 2018: El Norte de Castilla
20 March 2018: La Vanguardia
Citation
Eurofound (2018), Lindorff, Merger/Acquisition in Spain, factsheet number 93601, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93601.
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.
