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.
Construction group VolkerWessels announced that it will cut 300 out of a total of 12,000 jobs in the Netherlands. Background is the wish to cut costs in a very difficult market and the erosion of margins.
Earlier this year, negotiations with the unions on an overall social plan were unsuccessful. A timeline for the restructuring is not yet known.
Eurofound (2012), VolkerWessels, Internal restructuring in Netherlands, factsheet number 74043, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74043.