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.
Kuehne+Nagel, a multinational logistical service provider, has announced it will close down its facility in Nivelles. In total, approximately 549 jobs will be affected or lost by this restructuring plan. The company management has decided that the facility was not profitable and productive enough compared to its counterparts both within and outside of the company. Instead, the activities of the facility will be taken over at other locations in the country. The company has announced the intention to close the branch in the autumn of 2022.
News of the closure was received with serious animosity by employees and trade unions. The latter complained that the company management undertook too little effort to allow employees at the facility to transfer to others and even stated that these decisions "mean war". Because of this, actions were undertaken by the unions, including strikes.
Eurofound (2021), Kühne+Nagel, Closure in Belgium, factsheet number 105352, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/105352.
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