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.
Bouygues Telecom, a French telecom operator, is cutting 150 jobs from a team of 400 through a voluntary departure plan. The company is transferring certain activities to subsidiaries in Porto (Portugal) and Rabat (Morocco), following significant changes in the market. Additionally, the company launched a "Mobylite" plan in November to reduce its workforce. This initiative has already led to 100 transfers, including 42 outside the group. Before this, the company had frozen recruitment and the replacement of departing employees.
In total, around 700 job cuts are expected by the end of 2026. The three unions, FO, CFTC, and CFDT, negotiated an agreement for the workers for over a month. Under it, they can therefore either search for new employment with support, start or take over a company, or undergo retraining. They will then receive double compensation.
Eurofound (2025), Bouygues Telecom, Offshoring/Delocalisation in France, factsheet number 202720, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/202720.
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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.
