Type
Internal restructuring
Country
Netherlands
Region
Location of affected unit(s)
Sector
Hotel / Restaurants
Accommodation And Food Service Activities
Food And Beverage Service Activities
56.2 - Event catering and other food service activities

900 jobs
Number of planned job losses
Job loss
Announcement Date
18 August 2020
Employment effect (start)
Foreseen end date

Description

Catering company Compass Group announced 900 job cuts out of the 4,500 jobs in the Netherlands. Catering for company restaurants and event catering form a large part of the company's activities. As a result of the COVID-19 crisis the turnover in company restaurants was reduced by 90% and the event catering business was shut down completely as events were cancelled. The number of job cuts may increase as the status of 3,000 jobs will be reviewed, while only 1,500 jobs are sure to remain unaffected as those jobs are part of the company's activities that are not related to catering.

Negotiations about a social plan are ongoing. Employee representatives state that talks are proceeding in a constructive way, adding that nobody is to blame for the current situation. 


Sources

  • 18 August 2020: Het Financieele Dagblad (fd.nl)

Citation

Eurofound (2020), Compass Group Nederland, Internal restructuring in Netherlands, factsheet number 101582, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/101582.