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COVID-19 crisis led to doubling of EU restructuring job loss in first six months of 2020

COVID-19 crisis led to doubling of EU restructuring job loss in first six months of 2020

The COVID-19 crisis has led to a doubling of restructuring job loss in the first half of 2020. The new European Restructuring Monitor ‘ERM report 2020: Restructuring across borders’ reviews recent restructuring activity in the EU, from January 2019 up to and including the first impacts of the COVID-19 crisis. It also presents an analysis of transnational restructuring cases.

Fewer than 10% of EU businesses offer comprehensive learning opportunities critical to employee performance and well-being, new survey says

Fewer than 10% of EU businesses offer comprehensive learning opportunities critical to employee performance and well-being, new survey says

According to the recently published European Company Survey 2019 by EU agencies Eurofound and Cedefop, almost all managers (96%) agree training is important for employees to do their current job and most workplaces in the EU offer at least some training, yet only a small number – 9% – offer comprehensive training and learning opportunities to most of their employees.

#AskTheExpert webinar 29 October: the European Company Survey 2019 findings on skills

#AskTheExpert webinar 29 October: the European Company Survey 2019 findings on skills

The #EurofoundCompanySurvey ECS 2019 demonstrates that companies can design their workplace practices to help generate outcomes that benefit both workers and employers. Eurofound is organising a live #AskTheExpert webinar session on 29 October to delve into the European Company Survey 2019 findings relating to skills.

Trust in EU recovers following COVID-19 responses

Trust in EU recovers following COVID-19 responses

Trust in the European Union was significantly higher among respondents in the July wave of Eurofound’s Living, working and COVID-19 survey than in April, with average trust in the EU exceeding trust in national governments.

40% of work during COVID-19 crisis has been done from home

40% of work during COVID-19 crisis has been done from home

Approximately 40% of paid hours worked by employees were performed from home during the COVID-19 crisis, showing the magnitude of change that has taken place with regards to working life in just six months, and the now paramount importance of telework to Europe’s broader economy.

Lack of competition in platform economy could undermine its inherent value

Lack of competition in platform economy could undermine its inherent value

Continued dominance of large non-EU service and work platforms could result in an oligopolistic market situation in the EU in the future. This could hamper the market entry of new players, endangering healthy competition and economic and labour market innovation to the detriment of platform workers and consumers, as well as the broader economy.

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Eurofound, a tripartite European Union Agency, provides knowledge to assist in the development of social, employment and work-related policies

Eurofound (European Foundation for the Improvement of Living and Working Conditions) is a tripartite EU body, whose mission is to provide knowledge to assist in the development of better social, employment and work-related policies.

Eurofound

Wyattville Road
D18 KP65 Loughlinstown
Ireland