Type
Internal restructuring
Country
Netherlands
Region
Location of affected unit(s)
Sector
Construction
Construction Of Buildings And Infrastructure Engineering
Civil Engineering
42 - Civil engineering

500 jobs
Number of planned job losses
Job loss
Announcement Date
11 September 2003
Employment effect (start)
Foreseen end date

Description

Faced with a declining volume of work in the Dutch construction market, Royal BAM Group is forced

to reduce staffing levels in several areas within the Construction & Property and Civil Engineering

sectors. These changes are expected to result in about 500 compulsory redundancies this year, out of

a total workforce in the Netherlands of around 20,000.


Sources

  • 11 September 2003: BAM - Press release

Citation

Eurofound (2003), Koninklijke BAM Groep, Internal restructuring in Netherlands, factsheet number 59358, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59358.