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.
Financial / Insurance/ Estate 64 - Financial service activities, except insurance and pension funding 64 - Financial service activities, except insurance and pension funding 64 - Financial service activities, except insurance and pension funding
250 jobs Number of planned job losses
Announcement Date
27 October 2008
Employment effect (start)
Foreseen end date
Description
Robecco, an asset management group, has anounced that it will cut 250 jobs from 2000 in the Netherlands. The company considers itself to be too expensive in comparison to its competitors. Cost cutting is considered unavoidable because of turnover decreases due to the credit crisis.
Sources
28 October 2008: Het Financieele Dagblad
Citation
Eurofound (2008), Robeco, Internal restructuring in Netherlands, factsheet number 67646, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67646.