Type
Internal restructuring
Country
Netherlands
Region
West-Nederland; Noord-Holland;
Location of affected unit(s)
Sector
Real Estate
Real Estate Activities
Buying, Selling And Rental Activities
68.20 - Rental and operating of own or leased real estate

180 jobs
Number of planned job losses
Job loss
Announcement Date
10 July 2013
Employment effect (start)
10 July 2013
Foreseen end date
10 July 2015

Description

On 10 July 2013 housing corporation Ymere announced plans to cut almost 20% of the jobs (180 out of 1,063) in the coming two years. As announced, the restructuring is due to financial difficulties connected to several changes in the government policies with negative effects on the balance sheet. 70 out of the 180 redundancies have already been implemented but the plan is still pending for approval by the works council.


Sources

  • 10 July 2013: Het Financieele Dagblad

Citation

Eurofound (2013), Ymere, Internal restructuring in Netherlands, factsheet number 75652, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75652.