Restructuring events
European Restructuring Monitor (ERM)
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.
On November 7th 2011, the construction company Goldewijk announced that it will cut 100 jobs out of a total of 245. The restructuring will hit 75 construction workers and 25 administrative staff. Background is the recession in the construction sector. The company has undergone major restructuring over the last couple of years. Two years ago the company employed 400 workers.
In the past two years the turnover dropped by €25 million to €80 million.
The unions have reacted displeased to the company announcement. As of November 2011, it is unknown when the job losses will be implemented by.
Eurofound (2011), Goldewijk, Internal restructuring in Netherlands, factsheet number 72736, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72736.