Type
Internal restructuring
Country
Netherlands
Region
West-Nederland; Noord-Holland; Groot-Amsterdam
Location of affected unit(s)
Amsterdam
Sector
Administrative Services
Office Administrative, Office Support And Other Business Support Activities
Organisation Of Conventions And Trade Shows
82.30 - Organisation of conventions and trade shows

125 jobs
Number of planned job losses
Job loss
Announcement Date
8 July 2020
Employment effect (start)
Foreseen end date

Description

RAI Amsterdam, a Dutch trade fair and conference center, will cut 125 out of 483 jobs. The conference center was re-opened on the 1st of July after being closed since 16 March as a result of lockdown measures to fight theCOVID-19 pandemic, but currently only small-scale events can be organised. It remains uncertain when the organisation of larger events can be restarted, this uncertainty has led the company to restructure its operations in order to cut costs. The company has asked the employee council for its advice on the restructuring plans.

RAI Amsterdam is a conference center that used to host 500 events with a total of 1.5 million visitors per year. In thecoming months, RAI Amsterdam will focus more on 'hybrid events', that is events where there is a combination of physical presence with online options. 'This development has been going on in the industry for a few years, but it has accelerated due to the crisis' stated a company's representative.


Sources

  • 8 July 2020: Het Financieele Dagblad (fd.nl)

Citation

Eurofound (2020), RAI Amsterdam, Internal restructuring in Netherlands, factsheet number 101226, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/101226.