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 Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64 - Financial service activities, except insurance and pension funding
2,000 jobs Number of planned job losses
Announcement Date
19 October 2009
Employment effect (start)
20 October 2009
Foreseen end date
31 December 2009
Description
On 19 October 2009, DSB bank was declared bankrupt, resulting in the loss of 1,300 jobs. The remaining 700 jobs will be probably cut before the end of the year. In april 2010, some 70% of the employees that lost their job has found new employment. 510 employees are still employed to finish the remaining activities of DSB.
Sources
10 April 2010: NRC Handelsblad
20 October 2009: NRC Handelsblad
Citation
Eurofound (2009), DSB Beheer, Bankruptcy in Netherlands, factsheet number 69789, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69789.
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