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.
Hewlett-Packard, an American multinational hardware and software corporation, is planning to cut 326 jobs in the Netherlands. This is part of a restructuring plan that envisages 8,000 redundancies across Europe (see here). Jobs are reported to be cut over the next 2.5 years.
Many redundancies will be implemented through voluntary redundancies and redeployment. Earlier, in 2009 and 2011, restructuring measures in the Netherlands resulted in the loss of 750 and 250 jobs respectively.
Eurofound (2012), Hewlett-Packard, Internal restructuring in Netherlands, factsheet number 73975, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73975.