Type
Internal restructuring
Country
Netherlands
Region
Location of affected unit(s)
Sector
Utilities
Electricity, Gas, Steam And Air Conditioning Supply
Electricity, Gas, Steam And Air Conditioning Supply
35 - Electricity, gas, steam and air conditioning supply

500 jobs
Number of planned job losses
Job loss
Announcement Date
6 March 2013
Employment effect (start)
6 March 2013
Foreseen end date
31 December 2014

Description

On 6 March it was announced hat energy provider Nuon will cut 500 jobs in the Netherlands before the end of 2014. The measure is part of a restructuring operation undertaken by Nuon-ownner Vattenfall which will result in the loss of 2500 jobs. Bakground are excess capacity and low energy prices.


Sources

  • 7 March 2013: Het Financieele Dagblad

Citation

Eurofound (2013), Nuon, Internal restructuring in Netherlands, factsheet number 75141, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75141.