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.
Centric, a Netherlands-based IT services company, announced plans to cut more than 10% of its workforce, translating to at least 350 job losses, primarily affecting its IT and administrative departments in Gouda. The restructuring aims to address financial challenges following the departure of founder Gerard Sanderink, who left amid controversies. The company is undergoing a reorganization to enhance operational efficiency and stabilize its business operations. Negotiations with trade unions and employee representatives are ongoing to mitigate the impact on the affected workers.
Eurofound (2024), Centric, Internal restructuring in Netherlands, factsheet number 202124, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/202124.