Type
Internal restructuring
Country
Netherlands
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture, Printing And Reproduction Of Recorded Media
Printing And Reproduction Of Recorded Media
18 - Printing and reproduction of recorded media

200 jobs
Number of planned job losses
Job loss
Announcement Date
23 June 2010
Employment effect (start)
1 July 2010
Foreseen end date
31 December 2011

Description

On 23 June 2010 Thieme Grafimedia Groep, one of the largest printing groups in the Netherlands, said it will cut 200 jobs in the coming 18 months. The cuts will bring total employment down to 800 in total. Some 100 jobs will be cut by not replacing employees that leave, or not extending fixed contracts; the remaining 100 employees will be directly dismissed. The job losses come on top of the bankruptcy of five subsidiaries filed in February 2010.


Sources

Citation

Eurofound (2010), Thieme Grafimedia Groep, Internal restructuring in Netherlands, factsheet number 70662, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70662.