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.
Transportation / Storage 52 - Warehousing, storage and support activities for transportation 52.2 - Support activities for transportation 52.24 - Cargo handling
900 jobs Number of planned job losses
Announcement Date
8 September 2009
Employment effect (start)
1 October 2009
Foreseen end date
31 December 2010
Description
The Belgian national railway company will cut 900 jobs within its cargo subsidiary, B Cargo, by the end of 2010. The restructuring plan is intended to avoid a future deficit. The management hopes to have a balanced budget for 2011.
Sources
8 September 2009: L'Echo
9 September 2009: Le Soir
Citation
Eurofound (2009), B Cargo, Internal restructuring in Belgium, factsheet number 69632, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69632.