Restructuring events
European Restructuring Monitor (ERM)
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.
Lietuvos pastas, a national provider of postal services in Lithuania, intends to dismiss around 120 employees in different Lithuanian regions. As of December 2019, the company started offering a new service called “mobile postman” for rural residents. Rural residents will be able to call a mobile postman to their homes free of charge if they want to send an ordinary or registered mail, order subscriptions, deliver money transfers, pay taxes, and so on. The employees who did not pass the selection criteria for the position of a mobile postman (for example, did not have a driving license) were handed out dismissal notices.
Currently Lietuvos pastas employs 4,858 employees in Lithuania.
Eurofound (2019), Lietuvos pastas, Internal restructuring in Lithuania, factsheet number 99415, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/99415.
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