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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Cultural And Recreation Goods In Specialised Stores 47.6 - Retail sale of cultural and recreation goods in specialised stores
1,100 jobs Number of planned job losses
Announcement Date
4 December 2002
Employment effect (start)
1 December 2002
Foreseen end date
1 December 2004
Description
As announced on 7 October 2002, Buhrmann will implement reorganisation measures that will lead to a cost reduction of around 30 million euros in 2003 and of about 60 million euros in 2004. In Europe and North America, the company is rationalising its organisation, allowing for a reduction in back-office and support functions (mainly IT, warehouses and distribution). The reorganisation will lead to a reduction in headcount of 1,100 in total. The information and consultation procedures with employees and their representatives in various countries will begin in the coming weeks. In February 2004, Buhrmann declared it expects some hundreds (no accurate figures communicated) of jobs to be shed this year, mostly by natural attrition. The total workforce at the end of 2003 amounted to 17,832 employees.
Sources
12 April 2002: De Volkskrant
7 October 2002: Burhmann - Press releases
3 December 2002: Buhrmann - Press releases
12 February 2004: Buhrmann - Press releases
Citation
Eurofound (2002), Buhrmann, Internal restructuring in World, factsheet number 59456, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59456.
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