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.
Manufacturing (20 - 21) Manufacture of chemicals and pharmaceuticals 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
150 - 210 jobs Number of planned job losses
Announcement Date
10 March 2003
Employment effect (start)
Foreseen end date
Description
Organon has developed innovative prescription medicines for gynecology, mental health, anesthesia, and for cardiovascular diseases. The company currently employs around 13,000 people in more than 50 countries. Worlwide, Akzo Nobel decided to suppress some 500 jobs. The management will use early retirements and other ways to avoid direct dismissals. In April 2003, 60 more jobs suppressed in Oss.
Sources
2 April 2003: De Financiƫle Telegraaf
Citation
Eurofound (2003), Organon NV, Internal restructuring in Netherlands, factsheet number 58840, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/58840.