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.
Waalwijk, The Netherlands and unspecified plants in other countries
Sector
Manufacturing Manufacture Of Chemicals And Pharamceuticals Manufacture Of Chemicals And Chemical Products 20 - Manufacture of chemicals and chemical products
200 jobs Number of planned job losses
Announcement Date
24 October 2011
Employment effect (start)
1 November 2011
Foreseen end date
31 December 2013
Description
DSM, a manufacturer of chemical products for health and nutrition, aims to reduce its headcount by 200 jobs globally. Most of the jobs will be lost in Waalwijk (the Netherlands), where the company intends to reduce their staff by 90 people (coming from 450 employees). Another 40 jobs will be lost in other Dutch plants. An additional 70 jobs will be lost in other countries.
The Waalwijk plant specializes in resins and functional materials, products that are facing reduced demand from the construction industry.
DSM stresses that a large portion of the job losses can be achieved through "soft job reduction", for example non-renewal of temporary fix-term contracts. The company estimates that the restructuring will involve only 50 direct dismissals.
Sources
24 October 2011: Dow Jones Newswires
24 October 2011: Volkskrant
Citation
Eurofound (2011), DSM, Internal restructuring in World, factsheet number 72635, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72635.
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