10 May 2021

Global Labor and Employment Law Strategic Topics (April 2021 Edition)

In this edition: Workforce transformation and restructuring in 2021

This edition of EY's Global Labor and Employment Law Strategic Topics explores how the impact of the COVID-19 pandemic has been quite divergent based on whether a business is essential or non-essential, whether a business can work remotely or requires physical presence, whether it services persons at home or in the office. Some sectors have done well, mostly high tech and food shopping, whereas other sectors have been simply devastated, such as travel, leisure, restaurants, and aviation. Moreover, many businesses are not planning to “go back” to a pre-covid-19 working environment; many are planning to integrate remote work on a long term basis. For those significantly impacted, and those experimenting with new working models, restructuring and reengineering of the workforce are just around the corner, and will likely lead to headcount reductions.

This issue focuses on the key issues that need to be top of mind by companies in each jurisdiction around the world if a reduction of workforce project is contemplated.

You will find insights from 41 jurisdictions around the world including: Argentina, Australia, Belgium, Bulgaria, Canada, China Mainland, Colombia, Costa Rica, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Georgia, Germany, Greece, Honduras, Hong Kong, Hungary, India, Italy, Japan, Lithuania, Mexico, Netherlands, New Zealand, North Macedonia, Norway, Paraguay, Peru, Romania, Russia, Singapore, Slovakia, South Africa, Spain, Sweden, Switzerland and the United Kingdom.

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Global labor and employment law strategic topics - April 2021

Document ID: 2021-5535