Type
Internal restructuring
Country
Belgium
Region
Location of affected unit(s)
Sector
Administrative Services
Office Administrative, Office Support And Other Business Support Activities
Business Support Service Activities N.E.C.
82.99 - Other business support service activities n.e.c.

95 jobs
Number of planned job losses
Job loss
Announcement Date
21 October 2020
Employment effect (start)
31 October 2020
Foreseen end date

Description

Interparking, an international parking services provider, has announced the dismissal of about quarter of its employees. Concretely this amounts to around 95 people. The main reasoning behind the restructuring measure is related to the current Covid-19 crisis. The crisis has led to strict measures that discouraged people going to their workplace and instead encouraged them to work from home. In addition, the different travel restrictions have reduced activity at the airports, which is an important source of income for the company. A secondary reason is the fact that in large cities like Brussels, policy increasingly tries to discourage people from using their cars to enter the city, in order to reduce traffic.


Sources

Citation

Eurofound (2020), Interparking, Internal restructuring in Belgium, factsheet number 102144, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/102144.